Shares of the tech giant closed down more than 2% on Wednesday before plummeting over 5% in after-hours trading.

Oracle stock has bounced back from a steep slump but will face a big test with its fiscal Q4 results due on Wednesday.

Oracle Corporation (NYSE: ORCL) stock is in focus Tuesday ahead of its fourth-quarter earnings report on Wednesday after the market closes.

Oracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans and rising debt concerns. The companys…