CHAT is trading at $90.00, up 2.31% from the regular-session close of $87.97 after Oracle exceeded consensus expectations.
- Oracle reported $1.92 EPS versus $1.73 expected and $19.3 billion revenue versus $19.13 billion expected after the bell.
- The move partly reverses September 10's technology-led selloff amid hotter annual PPI, elevated Treasury yields, and oil above $100, pressuring growth stocks and Nasdaq futures.
- Oracle's positive reaction appears to be the clearest late-breaking technology catalyst for September 11.