{"id":130272,"title":"Oracle drops 15% at open, nearly $100bn wiped out; AI stocks follow lower","publisher":"Share Talk","author":"sharetalk","published":"2025-12-11T14:56:02+00:00","modified":"2025-12-11T16:48:32+00:00","canonical_url":"https://www.share-talk.com/oracle-drops-15-at-open-nearly-100bn-wiped-out-ai-stocks-follow-lower/","markdown_url":"https://www.share-talk.com/oracle-drops-15-at-open-nearly-100bn-wiped-out-ai-stocks-follow-lower.md","json_url":"https://www.share-talk.com/oracle-drops-15-at-open-nearly-100bn-wiped-out-ai-stocks-follow-lower.json","category":"Blogs","categories":["Blogs","Technology","Technology, Media & Telecoms"],"tags":["AI-Linked","Arm Holdings","Dow Jones","Nvidia","Oracle","Russell 200","Synopsys","US trading","Wall Street"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/03/Wall-street.webp?fit=1200%2C800&quality=80&ssl=1","format":"news","language":"en-GB","content":"Oracle shares have slumped more than 15% at the opening of US trading as investors delivered a sharp reaction to the company’s latest earnings.\n\nThe stock is down 15.7% at $188.29, wiping out close to $100 billion from its market value, on rough estimates.\n\nIn its latest quarter, Oracle posted revenue of $16.06 billion, just below the analyst consensus of $16.21 billion.\n\nFor the current fiscal third quarter, the company projected adjusted earnings of $1.64–$1.68 per share, short of the $1.72 analysts expected, according to LSEG. Oracle also guided for revenue growth of 16–18%, below forecasts of 19.4% and projected revenue of $16.87 billion.\n\nThe sell-off is spilling over into other AI-linked names as well. Nvidia is the biggest Dow faller, down 2.7%. Synopsys and Arm Holdings are each down 3.2%, AMD has dropped 3.1%, and Palantir is off 2.8%.\n\nWhile the S&P rose 0.7%, the Dow Jones, Russell 2000, Equal-Weighted S&P, and Transports indices each climbed more than 1%, noticeably outperforming the Magnificent Seven, which edged up just 0.2%."}