After yesterday's presentation, investors "sold the news" after a strong run in the stock over the past two months.

Shares of database and cloud giant Oracle ( ORCL -6.72% ) plunged as much as 8.1% on Friday, before recovering slightly to a 6.9% decline on the day.

Oracle held an analyst-attended Investor Day presentation yesterday, where the company clarified some of its long-term targets. While the guidance to 2030 was fairly impressive, it appears investors are "selling the news" after the stock's tremendous gains over the past couple of months.

Oracle lives up to some of the hype, but investors wanted more

In the presentation, Oracle gave some more detail around its cloud infrastructure growth and margins out over the long term. Oracle's cloud growth has been a subject of s

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