By Evette Mitkov
Publication Date: 2026-02-10 20:08:00
Oracle Corp (NYSE:ORCL) is trading higher on Tuesday as software names bounce back, helped by renewed optimism on Wall Street that the recent AI-driven selloff may have been overdone. Here is what you should know.
Why Oracle is rising higher
JPMorgan strategists led by Dubravko Lakos-Bujassaid the sharp decline in software stocks last week created an opportunity for investors. According to their note, markets have braced themselves for extreme AI disruptions that they believe are unlikely to occur in the near future.
The teams argue that sentiment has tipped too far into pessimism, especially given the solid fundamentals that many software companies still have. As positioning has eroded and fear has risen, they see room for recovery in stronger, higher quality names.
The sector was rocked last week after this Anthropocene introduced new plug-ins for its Claude Cowork agent, raising renewed concerns that rapidly advancing AI tools could eat into…
