Oracle's Stock Plummets Amid AI Concerns
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Oracle just took a massive nosedive and it is shaking up the entire AI industry.
The stock plummeted eleven percent because revenue came in light, even though their
actual profits beat expectations. It is a weird situation because their cloud business is actually
booming and they have billions in new deals with heavy hitters like Meta and Nvidia.
The problem is the price tag. Investors are terrified about the massive debt required to
build the data centers needed to fulfill those AI promises. Oracle claims they have the cash flow
under control, but the market is clearly skeptical. This proves that even in the middle
of an AI gold rush, paying the bills still matters.
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