Oracle Misses Estimates as Clients Throttle Tech Spending; Shares Decline

Software giant Oracle Corp. (NASDAQ: ORCL) posted higher quarterly earnings and revenue, but the results missed analysts' expectations, sending its shares plunging 7.9 percent to $26.90 in after-hours trading on Tuesday.

Active Technology Stocks (AAPL) (MSFT) (ORCL) (BIDU) (INTC). Apple Inc. (AAPL) rose by $11.444 per share to $393.654. The move occured on volume of 6 million which is relative to the 18 million shares which trade on

The top after-market NASDAQ Stock Market losers are: Oracle, L & L Energy, Columbia Laboratories, Epoch Investment Partners, and Autodesk. Research In Motion Ltd. (RIMM) stock jumped 10.14 percent to $13.80 in after-market trading.

Tuesday, December 20th after hours session lights up with fireworks in tech sector.

Futures for the S&P 500 were adding 3.3 points, or 3.8 points above fair value, at 1239, and futures for the Nasdaq were up 7.5 points, or 4.2 points below fair value, at 2274 after software giant Oracle missed earnings estimates for the first time in