Gate News: According to the latest Gate TradFi data, ORCL (Oracle) has dropped by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Pre-market in the US stock market, Oracle Corporation (ORCL) stock price is up 11%, currently at $165. Early bullish traders have a return on holding of 60%, using 10x leverage, with a scale of $496,000, and holding other long positions in stocks that also gained over 20%.

Oracle stock closed down 1.4% but rose 12.2% after hours. As a result, the Hyperliquid platform ORCL mapped contract price increased by over 12%. Two major whale holders suffered losses due to short positions, losing more than 20%.

Oracle recently faced difficulties due to the expansion of AI data centers, and media reports prompted the company to issue two statements to clarify the situation. The company plans to lay off employees to address cash shortages and revealed that the expansion plan with OpenAI has been abandoned. ORCL's stock price dropped significantly, and the market is pessimistic about its free cash flow prospects.