IBM reported preliminary second-quarter revenue of $17.2 billion, up 1% year-over-year, but below the $17.86 billion consensus estimate, with CEO Arvind Krishna calling the results "disappointing" in a letter to investors. Adjusted EPS came in at $2.93, versus the $3.02 estimate, while GAAP EPS was down 2% year-over-year. • Oracle stock is testing lower boundaries. Why did ORCL hit a new low?New AI-Native BuilderIn a separate release today, Oracle rolled out an AI-native builder experience for "Fusion Agentic Applications," adding a unified workflow that spans no-code, low-code and pro-code development inside Oracle Fusion Applications. The update also introduces an AI Studio Skill that lets developers use tools like VS Code, OpenAI Codex, Claude Code, CLIs, and Git while keeping Fusion-native governance, security and auditability.Expands OPERA Cloud With Loews Hotels IntegrationOracle also disclosed it is expanding its OPERA Cloud services to enhance operations for Loews Hotels. Loews Hotels is integrating Oracle’s OPERA Cloud Central services to improve guest recognition and distribution across its U.S. properties. This unified platform aims to optimize operations and enhance guest experiences, showcasing Oracle’s ongoing commitment to providing integrated solutions in the hospitality sector.ORCL Technical Analysis: Oversold Signals and Key Moving AveragesCurrently, Oracle is trading at $130.60, significantly below its moving averages, with the 20-day simple moving average (SMA) at $154.78, indicating it is 16.9% below this level. The stock has experienced a notable decline of 43.57% over the past year, reflecting ongoing bearish sentiment.The Relative Strength Index (RSI) currently sits at 26.63, indicating that the stock is in oversold territory, suggesting potential for a rebound if buying interest returns. This momentum indicator measures the speed and change of price movements, and a low RSI indicates that the stock may be undervalued in the short term.Oracle Vs. Technology Sector: Relative Performance and Recent TrendsOracle’s performance is lagging behind the Technology sector, which is currently ranked six out of 11 sectors. The sector has gained 0.15% today, but Oracle’s decline of almost 1% suggests it is facing company-specific challenges despite a generally stable environment for tech stocks.Over the past 30 days, the Technology sector has seen a decline of 5.27%, contrasting with a strong 90-day performance of 20.88%. This indicates that while the sector has had a positive longer-term trend, recent pressures are affecting individual stocks such as Oracle.Oracle Earnings Preview and Analyst Price TargetsLooking further out, the next major catalyst for the stock arrives with the Sept. 8 (estimated) earnings report. Analysts expect earnings per share of $1.67, up from $1.47 in the same quarter last year, and revenue of $19.12 billion, up from $14.93 billion.