The article attributes the premarket drop specifically to Oracle’s earnings-related guidance/expenses (higher-than-forecast data-center spending), making it a near-term stock-specific catalyst despite broader market strength.
Stock Futures Gain as Investors Shrug Off Iran Tensions, Oracle Earnings The Wall Street Journal Thu, June 11, 2026 at 1:11 PM GMT+2 1 min read ORCL ^DJI CL=F ORCL-PD ^GSPC - Michael M. Santiago/Getty Images Stocks look poised for a rebound today, as investors shrug off mounting U. S.
-Iran tensions and Oracle earnings that highlighted the huge cost of the AI boom. Technology-focused Nasdaq-100 futures are up more than 1% premarket, following a selloff Wednesday that sent the Dow tumbling nearly 1,000 points. Contracts tied to the S&P 500 and the Dow also advanced.
Most Read from The Wall Street Journal OpenAI Considers Drastic Price Cuts, Anticipating War for Users With Anthropic Jared Kushner’s $5 Billion Albanian Reality Check Fidelity Bets People Want Their 401(k)s to Look More Like Pensions How Cracker Barrel’s CEO Saved Her Job by Abandoning Her Own Strategy Anthropic’s New Fable AI Model Is Met With User Backlash Over Restrictions The gains came despite a premarket drop in Oracle shares after the software and cloud-computing company reported larger-than-forecast spending on data centers. While investors remain on edge following a recent slide in AI stocks, shares of chip makers and other AI-related stocks rose premarket. Investors appear to be looking past the latest round of U.
S. attacks on Iran, with oil prices falling about 1%. Treasury yields, which have risen alongside oil prices, are also retreating.
The European Central Bank is expected to start today what could become a wave of interest-rate rises by major central banks. Investors are forecasting a quarter-point increase. Traders will also get a reading on wholesale inflation for May, with the release of the Labor Department’s producer-price index at 8:30 a.
m. ET.
Oraklio AI Trading Intelligence
Oraklio turns news, price data, and market signals into structured BUY / SELL / NO_TRADE calls - updated continuously throughout the trading day.
Get started freeAlready have an account? Sign in →