Oracle Leads Premarket Slide In AI Stocks After Earnings Miss

ToplineMajor AI stocks slumped in premarket trading early on Thursday, led by an 11% decline in Oracle’s share price after the cloud computing giant released quarterly earnings on Wednesday that missed analysts' expectations.Oracle shares are down more than 11% in the premarket on Thursday.AP2007Key FactsIn premarket trading early on Thursday, Oracle’s stock slumped to $197.33, down more than 11.5% from Wednesday’s market close.Shares of Nvidia, the top AI chipmaker, dropped around 1.6% to$ 180.80 in early ...