Oracle Bets Big on AI Agentic Apps as Stock Dips on Rotation
Oracle shares fell about 4% on Thursday as traders rotated into higher-beta names, even as the company rolled out Fusion Agentic Apps across sales, service, HR, finance and supply chain and updated its AI Database and financial-crime tools. The AI agents automate workflows using enterprise data and approvals, with Lucinity expanding Financial Crime capabilities. Updates to the AI Database promise higher availability (Platinum/Diamond tiers) and stronger security (post-quantum cryptography). Looking ahead, June 10, 2026 earnings are expected with EPS around $1.82 and revenue about $19.09B, with ORCL trading near $137 as heavyweight software ETFs influence trading.
1 day ago•Source: Benzinga
