Oracle Stock Plunges Below $200 in Premarket as AI Capex Shock Rattles Wall Street — ORCL Update for December 11, 2025
Oracle shares fell about 11–12% in premarket trading Thursday, dropping below $200 after the company’s Q2 FY26 earnings and AI spending update missed revenue expectations. The stock closed Wednesday at $223.01 and touched $197.26 after hours. Oracle reported EPS of $2.26, beating forecasts, but revenue of $16.1 billion fell short. The selloff hit other AI and cloud stocks and spread to European markets.