Why is American Eagle Outfitters stock tumbling today?

American Eagle Outfitters stock is experiencing a decline today, as highlighted in recent market reports. Meanwhile, US Stock Futures show S P 500 Index futures remaining relatively stable as of 7:41 a.m. in New York. Market attention is currently focused on upcoming earnings from Oracle, which are expected to provide critical insights into the current AI trade. Other notable companies mentioned in today's stock futures updates include Cooper and Meta, alongside Rackspace.