Oracle shares fell 13% in pre-market trading, which also led to a decline in AI stocks.
Oracle’s (ORCL) recent pre-market shock served as a warning to investors. The Oracle stock price plummeted by nearly 13% before the opening bell, putting pressure not only on ORCL but also triggering a sharp sell-off in broader AI-related stocks. The main reason appears to be that the company missed revenue estimates in its recent quarterly … Read more