AI stocks Fall For A Third Day As Oracle And Nvidia Drop.

AI-related U.S. tech stocks continued to drop in premarket trading on Friday, marking their third day of losses.

Oracle was down 1.3%

Nvidia and Micron fell 0.9%

CoreWeave dropped 1.4%

The fall began after Oracle’s stock plunged nearly 11% on Thursday because its revenue report didn’t meet analyst expectations. This big drop affected other AI companies too, showing that investors are becoming more cautious about the tech sector.
Even though the rest of the stock market is doing well, tech stocks are struggling. On Thursday:
The Nasdaq Composite, which includes many tech companies, fell 0.26%
Meanwhile, the Dow Jones and S&P 500 both reached new records. This suggests that investors may be shifting their money away from tech and into other growing areas of the market.