Oracle falls 2.77% as AI cloud rebound cools
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Oracle Corp (NYSE:ORCL) shares fell 2.77% to $124.83 at 9:35 a.m. ET in early regular-session trading on November 12 as sentiment on the AI trade weakened after NVIDIA's CEO resigned, Yahoo Finance's live coverage showed. The decline…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishOracle's drop reflects weaker AI-trade sentiment after Nvidia's CEO resigned.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Oracle fell 2.77% to $124.83 in early trading.
- 02On Wednesday the stock had risen about 9.2%.
- 03CoreWeave expects about $9 billion of customer prepayments over the next three months.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets