ORCL is trading at $186.40 (-3.8%) as higher-than-expected April CPI data triggered a broader market selloff and reduced expectations for Federal Reserve rate cuts.
- The stock fell sharply from Monday's close of $193.84, tracking losses in the S&P 500 and Nasdaq as geopolitical tensions over Iran weighed on sentiment.
- While the May 11 release of Oracle's AI Success Navigator 26.1 initially boosted shares to $202.02 in after-hours trading, the stock has been unable to sustain those gains against current macro headwinds.