Oracle shares fall 5.1% in pre-market trading after canceling $7 billion AI chip leasing agreement with Tencent

智通财经2026/11/04 13:18

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Affected by the cancellation of the $7 billion AI chip leasing agreement with Tencent under pressure from the US government, $Oracle (ORCL.US)$ fell 5.1% in pre-market trading. The most actively traded put option has increased by 51%, with a trading volume of 4 contracts. For more details, please refer to the options ranking on the options page. Options prices are highly volatile, so please be aware of the risks. Click to view the ORCL options chain.

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Photonics technology leader Coherent (COHR.US) released its financial results for the first quarter of fiscal year 2027 (ending September 30, 2026) after the US stock market closed on Wednesday. Benefiting from strong demand driven by the transition from copper to optical interconnects in AI data centers, the company achieved record-high quarterly revenue and significantly improved profitability.

智通财经•2026/11/04 22:42

AI optical interconnects are “selling out”: Coherent (COHR.US) Q1 revenue surges 50% to a record high, data center business soars 79%, aiming for $3 billion in single-quarter revenue.

智通财经•2026/11/04 22:41