Oracle falls for second straight day after record one-day gain

Shares of Oracle ORCL.N fall 4.90% to $292.78 in afternoon trading

Enterprise software maker had a record AI-driven surge on Wednesday, when shares climbed 35.9%, putting the company close to the trillion dollar mark

"ORCL's shares are down since investors learned yesterday that almost the entire increase in backlog came from one contract with OpenAI, still a money losing startup that is committing well beyond its resources" - Gil Luria, Managing Director at D.A. Davidson

33 of 43 brokerages rate the stock "buy" or higher, 10 "hold" and no "sell" or lower; median PT $347 - data compiled by LSEG

As of last close, ORCL up 84.7% YTD