Oracle Stock Crashes 13% Before Market Open — And It’s Dragging Big AI Names Down With It
Oracle shares plunged 13% in premarket trading on Thursday, deepening the sell-off that began a day earlier after the tech giant posted earnings that fell short of Wall Street expectations. The slump came even as demand for the company’s artificial intelligence infrastructure continues to surge. ORCL reported $16.06 billion in quarterly revenue, missing analyst estimates … Read more