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Oracle's stock slides 7% on revenue miss even as AI backlog soars

Larry Ellison, Oracle's co-founder and chief technology officer, appears at the Formula One British Grand Prix in Towcester, U.K., on July 6, 2025.Jay Hirano | Sopa Images | Lightrocket | Getty ImagesOracle shares fell 7% in extended trading on Wednesday after the database software maker reported lower quarterly revenue than expected despite booming demand for its artificial intelligence infrastructure. Here's how the company did in comparison with LSEG consensus:Earnings per share: $2.26 adjust...

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