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Oracle's stock dropped 7% in extended trading after reporting fiscal second-quarter results that missed analyst expectations and issued a weaker forecast. Oracle reported adjusted earnings and revenue slightly below expectations, with year-over-year growth in sales and net income. Oracle raised its fiscal 2026 revenue guidance, supported by expanding AI-related capabilities, including Nvidia GPU-powered computing clusters. Oracle's stock remains over 80% year-to-date, its strongest performance since 1999.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Oracle's stock dropped 7% in extended trading after reporting fiscal second quarter results
00:07that missed analyst expectations and issued a weaker forecast.
00:10Oracle reported adjusted earnings and revenue slightly below expectations
00:14with year-over-year growth in sales and net income.
00:17Oracle raised its fiscal 2026 revenue guidance
00:20supported by expanding AI-related capabilities including NVIDIA GPU-powered computing clusters.
00:26Oracle's stock remains up over 80% year-to-date, its strongest performance since 1999.

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