Falling Oracle Shares Are Proxy For AI Angst
The damage: Oracle’s shares are down 13 percent in premarket activity on Thursday. Other A.I. stocks are also down in extended trading, but the hit has been uneven. CoreWeave, the cloud computing provider, is down more than 4 percent in premarket trading, while SoftBank, the Japanese tech investor betting big on A.I., fell about 7.6 percent in Tokyo.
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