By Petr Huřťák
Publication Date: 2026-02-17 21:01:00
Shares of enterprise software giant Oracle (NYSE:ORCL) fell 4% in the afternoon session after investor fears that artificial intelligence could disrupt the software industry sparked a broad selloff.
The concern stemmed from the rapid adoption of new “agentic AI” tools that some investors believed could disrupt traditional software-as-a-service (SaaS) business models. This “AI panic” led to indiscriminate selling across the industry. The market move reflected growing concerns about the downside of the AI boom for established software companies.
Shares closed the day at $153.93, down 3.9% from the previous closing price.
The stock market overreacts to news and sharp declines can provide good opportunities to buy high-quality stocks. Is now the time to buy Oracle? You can access our full analysis report for free here.
Oracle’s shares are very volatile, with 26 moves of more than 5% in the last year. In this context, today’s move suggests that the market…