Oracle is trading 3.36% down at $156.20 after broader technology stocks weakened as investors reassessed interest rates following hotter-than-expected producer inflation.
- The S&P 500 is down 0.69%, while the Nasdaq Composite is down 0.85%.
- Oracleβs scheduled fiscal first-quarter earnings report after the September 10 market close is adding pre-earnings caution.
- Analysts are focused on cloud growth and AI infrastructure spending.