Veytics Intelligence
2026-10-08 · Yahoo

Why Oracle (ORCL) Shares Are Trading Lower Today

Why Oracle (ORCL) Shares Are Trading Lower Today What Happened? Shares of enterprise software giant Oracle (NYSE:ORCL) fell 5.7% in the afternoon session after the market learned that annualized revenue for key AI customer OpenAI fell short of previous public estimates, a decline exacerbated by surging bond yields, according to financial media reports. As confirmed by CNBC, OpenAI informed its investors that it reached roughly $50 billion in annualized revenue at the end of September, a figure notably lower than the $68 billion run rate that was widely circulated late last month.

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