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Oracle Corp (NYSE:ORCL) shares traded lower Monday morning. Nasdaq futures are down 0.44% while S&P 500 futures have shed 0.47%.
The decline follows a volatile period for the software giant. Investors are weighing massive capital spending against renewed Middle East concerns.
Geopolitical Tensions Weigh On Markets
U.S. stock futures retreated early Monday. A weekend surge in U.S.-Iran tensions rattled investor confidence.
Iran restricted vessel traffic through the Strait of Hormuz again on Saturday.
President Donald Trump warned Sunday of potential strikes on Iranian infrastructure if terms are not met. Oil prices soared over 6% in response.
Infrastructure Costs and Job Cuts
Investors remain cautious …
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