🔴 ORCL is trading 3.1% down today as market selloff and margin concerns weigh on sentiment

ORCL is trading at $154.19 (-3.1%) as a sharp market selloff and margin concerns overshadow recent cloud infrastructure momentum.

• Software stocks led a broader market retreat following weak 0.7% GDP growth and persistent inflation, which saw the S&P 500 and Nasdaq fall 1.5% and 1.8% respectively.
• While Q3 earnings showed 84% cloud growth, analysts are wary of margin pressure stemming from rapid capex spending and a debt load of more than $134 billion.
• The stock has declined 2.43% since March 12, reflecting a broader tech sector downturn that is currently masking Oracle's strong fundamental performance.