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Oracle stock plunges 12% on AI jitters — shrinking Larry Ellison’s net worth by $34B
Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...
While Oracle topped Wall Street's earnings expectations, it fell short of revenue targets, and its surging capital expenditures are making shareholders uneasy. Broadcom added to the market's anxiety ...
The narrative around OpenAI has completely flipped, challenging Oracle's justification of borrowing money to fund artificial ...
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