🔴 Oracle is trading 4.49% down in pre-market amid software and tech-share weakness

Oracle is trading 4.49% down in pre-market at $133.30, amid overnight weakness in software and technology stocks.

• Oracle closed at $139.56 on October 29.
• Reuters reported software shares fell amid disappointing peer results and AI-disruption worries; tech shares sank Friday as investors questioned returns on heavy AI spending.
• No fresh Oracle-specific catalyst was identified. Its October 28 Investor Day outlook is prior context, not a clear cause of the decline.