ORCL is trading at $149.49 (-3.35%) today, extending a multi-day decline amid broader tech sector weakness and concerns over AI tools potentially disrupting software services.
- The stock has retreated from its January 26 high of $182.44 as the NASDAQ falls 0.99% due to profit-taking in high-growth names.
- Investor caution is heightened following Oracle's recent $50 billion debt raise for AI infrastructure, which may weigh on the balance sheet in a hawkish policy environment.