In this article
U.S. artificial intelligence names were in negative territory in premarket trading on Friday, extending losses into their third day.
Oracle
was 1.3% lower in premarket trading, Nvidia
and Micron
AI-related names have made losses since Oracle's mixed results on Wednesday.
In this article
U.S. artificial intelligence names were in negative territory in premarket trading on Friday, extending losses into their third day.
Oracle
was 1.3% lower in premarket trading, Nvidia
and Micron

Oracle Nosedives In Premarket, Major AI Stocks Down As Well

Oracle's huge AI bets are spooking Wall Street—a 12% plunge wiped out the market’s early gains | Fortune

There have been head fakes before, but this time may be different as the latest stock rotation out of AI is just getting started, analysts say | Fortune

Oracle reported lower-than-expected revenues in its quarterly earnings report released on Wednesday.

Shares in Nvidia, Micron and Microsoft were also lower in premarket trade on Thursday.

The S&P 500 fell on Wednesday as artificial intelligence giants Nvidia and Oracle came under pressure for a second day.

Nvidia was still the single heaviest weight for the S&P 500.

OpenAI has recently missed its own projections for user growth and revenue, the WSJ reported.

In at least one corner of the AI market, sentiment has turned decidedly negative.