Oracle shares plummet 11% in premarket, dragging down AI stocks

C

CNBC Finance

Dec 11, 2025

1 min read

Download Gold Price Tracker & Alerts

Get the app to explore more features and stay updated

Download Now Download Now
Key Points
  • Oracle shares sank on Wednesday after revenue earnings missed analyst expectations.
  • The database software maker extended losses on Thursday.
  • Other AI-related names fell alongside it.

Oracle shares plummeted 11% in premarket trading on Thursday, extending yesterday's losses after the firm reported disappointing results.

The database software maker reported lower-than-expected quarterly revenue on Wednesday, despite booming demand for its artificial intelligence infrastructure. Its revenue came in at $16.06 billion, compared with $16.21 billion expected by analysts, according to data compiled by LSEG.

It dragged other AI-related names down with it. Chip darling Nvidia was last seen down 1.5% in premarket trading, memory and storage firm Micron was 1.4% lower, tech heavyweight Microsoft dipped 0.9%, cloud company Coreweave slid 3% and AMD was 1.3% in negative territory.

This is a breaking news story. Please refresh for updates.

Source: CNBC Finance

Published

December 11, 2025

Thursday at 9:40 AM

Reading Time

1 minutes

~128 words

More Articles

Explore other insights and stories

Jan 21, 2026 • CNBC Finance

Greenland should be prepared for 'everything,' prime minister says, not ruling out U.S. military action

While the scenario is unlikely, Greenland has to be prepared as "the other side" has not ruled out the use of military force.

Read Article
Jan 21, 2026 • CNBC Finance

Asia markets fall after Trump’s Greenland rhetoric spark Wall Street rout

Asia-Pacific markets fell, mirroring overnight losses on Wall Street after President Donald Trump escalated rhetoric over Greenland.

Read Article
Jan 20, 2026 • Financial Times (FT)

Carney warns of ‘rupture’ to global order as Trump rattles allies

Canadian leader calls on ‘middle powers’ to unite as Davos braces for US president’s arrival

Read Article
Back to Gold Price Tracker & Alerts Blog