Oracle stock sinks after hours as AI jitters hit tech; what to watch next week
Oracle shares fell 4.6% to $145.40 in after-hours trading Friday, following a wider tech selloff and hotter-than-expected U.S. wholesale inflation data. Investors are watching next week’s jobs report and Oracle’s mid-March earnings for direction. The company recently announced plans to raise up to $50 billion for cloud expansion and extended its Red Bull Racing partnership.