By Khadija Saeed
Publication Date: 2026-02-24 23:28:00
New York, February 24, 2026, 5:33 pm EST – Markets moved in after-hours trading.
- Oracle ended the session up 3.4% and then fell about 0.8% in after-hours trading
- A report on delays to OpenAI’s Stargate data center project drew attention to Oracle and its ongoing AI-related expansion.
- Nvidia’s earnings slide on Wednesday, and traders are watching closely for clues about how demand for AI infrastructure is shaping up.
Oracle Corp rose 3.4% on Tuesday to close at $146.14 but was down about 0.8% at the end of the regular session. Investors appear to be using the stock as a kind of weather vane for how long they are willing to back costly bets on AI infrastructure. (Zacks)
This week, The Information revealed that OpenAI was scrambling to lock up more computing power after its Stargate data center plan stalled – a blow to Oracle, which is betting big on expanding its cloud footprint. The dealers responded quickly and even treated…
