Oracle (ORCL) shares fell -3.79% to $183.85 amid a broad market sell-off, with the company reporting no major specific news driving the movement.
- The decline tracked a wider market downturn, with the S&P 500 dropping -1.14% and the NASDAQ falling -1.51%, driven by geopolitical concerns regarding Trump's tariff threats.
- Recent FY2026 Q2 earnings highlighted strong performance in Remaining Performance Obligations (RPO), which reached $523 billion, marking a 438% year-over-year increase.
- Despite the current market pressure, analysts remain bullish on ORCL, setting price targets up to $400 based on anticipated AI growth.