Oracle Shares Slide 7% as AI Conference Fails to Impress Wall Street

Oracle’s stock fell more than 7% after its annual AI-focused conference failed to convince investors about the company’s long-term AI strategy and growth prospects.

At the event, Oracle showcased new AI partnerships, customer wins and cloud infrastructure updates. Executives highlighted growing demand for AI workloads on Oracle Cloud and said the company is investing to compete with hyperscalers like Microsoft, Amazon and Google.

However, analysts and investors remained cautious. Some questioned whether Oracle can scale fast enough to capture meaningful market share, especially against rivals with much larger AI spending and developer ecosystems.

Several skeptics noted that Oracle’s AI narrative relied heavily on future projections and early-stage deals rather than proven revenue impact. That triggered concerns that the AI momentum might not translate into near-term earnings.

Oracle remains confident that its AI-optimized cloud and strong enterprise customer base will drive growth. But the market reaction shows investors want evidence, not just announcements.

The pullback came despite heavy buzz around AI across tech markets, underscoring how investors are becoming more selective and skeptical of unproven AI claims.