Oracle shares plummet 11% in premarket, dragging down AI stocks

Group 1 - Oracle shares fell 11% in premarket trading following disappointing quarterly results [1] - The company's revenue for the quarter was reported at $16.06 billion, below the expected $16.21 billion [1] - Despite strong demand for artificial intelligence infrastructure, Oracle's performance did not meet market expectations [1] Group 2 - The decline in Oracle's stock negatively impacted other AI-related companies [2] - Nvidia's shares decreased by 1.5%, while Micron fell by 1.4% [2] - Other tech companies such as Microsoft, Coreweave, and AMD also experienced declines of 0.9%, 3%, and 1.3% respectively [2]