Report
Oracle stock falls 7% amid a broader AI trade sell-off
Oracle shares have lost nearly 20% over the past month, with post-election fears about AI trades weighing on Thursday's drop.
TLDR
Stocks fell sharply Thursday as some of the year's most popular AI trades unwound. Oracle shares dropped 7%, extending a nearly 20% decline over the past month amid post-election fears about the AI trade. Forbes said Larry Ellison fell out of the top 10 in its billionaire rankings as Oracle plunged.
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