ORCL is trading 2.1% down at $144.63 as aggressive AI infrastructure spending and weaker profitability trends continue to weigh on the stock.

  • The decline extends a multi-session selloff following June 10 earnings, where margin deterioration overshadowed revenue and EPS beats due to ramped-up data center investments.
  • Broader AI-tech sentiment has cooled amid reports of a delayed OpenAI IPO and investor caution regarding capital-intensive cloud growth.