Oracle stock is at its lowest level since 2001 and many investors are blaming it on Sam Altman's OpenAI deal
Oracle's co-CEOs face a market reckoning as shares plummet 30% due to investor anxiety over a massive AI infrastructure pivot. The company's $300 billion OpenAI deal requires unprecedented debt and capital expenditure, raising concerns about its ability to fund the expansion and maintain its credit rating.
Oracle's co-CEOs face a market reckoning as shares plummet 30% due to investor anxiety over a massive AI infrastructure pivot. The company's $300 billion OpenAI deal requires unprecedented debt and capital expenditure, raising concerns about its ability to fund the expansion and maintain its credit rating.
