Oracle Corporation's shares are trading lower despite reporting a 9% YoY increase in Q1 revenue to $12.45 billion and adjusted EPS of $1.19, beating the consensus estimate of $1.15. The company's Gen2 Cloud has contracts worth over $4 billion from AI development companies. Analysts have updated their coverage and price targets on Oracle, with some maintaining their ratings and others downgrading the stock. The stock is down nearly 12% on heavy trading volume.