Financial MarketsOracleUpdated 8 hours ago

Oracle Shares Plummet Amid AI Spending Concerns and Disappointing Earnings

Oracle's stock has faced a significant decline due to investor worries over its heavy spending on artificial intelligence infrastructure and disappointing quarterly earnings. The company's aggressive investments, particularly in partnership with OpenAI, have raised concerns about financial sustainability and the potential for an AI market bubble. This downturn reflects a growing lack of confidence in Oracle's ability to generate returns from its substantial expenditures.

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