Oracle slumps 10% after earnings, Salesforce slides near 52-week lows as cloud stocks fall

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• Oracle beat the headlines but missed cloud revenue, and a planned $40 billion capital raise sent ORCL down 10%, sending CRM to a 52-week low.

• “SaaSpocalypse” fears that AI could undermine per-seat SaaS subscriptions, hurting Salesforce even as Agentforce’s ARR rose over 200% to $1.2 billion.

• Oracle’s backlog rose to $638 billion and management reiterated a $90 billion revenue target for fiscal 2027, keeping the bull market alive near the $180 support level.

• Act now: The analyst who called NVIDIA in 2010 just named his top ten AI stocks — and Salesforce didn’t make the cut. Get the names for FREE today.

Shares of oracle (NYSE:ORCL) fell 10% to $182.25 in early trading on Thursday after the company’s fourth-quarter fiscal 2026 earnings report was released after the bell on Wednesday. The slide drags out cloud and enterprise software names Salesforce (NYSE:CRM) The stock fell 1.28% to $168.80, near its 52-week low.

Oracle shares closed at $201.26 on Wednesday and…