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Category orcl

Oracle has lost $315 billion in market value since announcing its $300 billion deal with OpenAI

Oracle has lost $315 billion in market value since announcing its $300 billion deal with OpenAI

The $300 billion agreement between Oracle and OpenAI, first revealed on September 10, has gone deep into the red; negative $74 billion to be exact....
Oracle, Palantir, and Super Micro Computer were flagged as oversold stocks after a sharp tech sell-off

Oracle, Palantir, and Super Micro Computer were flagged as oversold stocks after a sharp tech sell-off

A rough week just pushed Oracle, Palantir, and Super Micro Computer into the deepest oversold levels seen in months, after a sell-off hit U.S. tech...
Tech and AI stocks on Wall Street had their worst week since April as investors pulled back from high‑risk trades

Tech and AI stocks on Wall Street had their worst week since April as investors pulled back from high‑risk trades

The speculative fever gripping Wall Street over the last seven months is finally wearing off. No, the market didn’t collapse this week, but for any...
Credit traders have been pricing in the possibility of Oracle defaulting on its debt

Credit traders have been pricing in the possibility of Oracle defaulting on its debt

Credit traders have been ramping up purchases of credit default swaps (CDS) on Oracle ($ORCL) as a hedge against potential default risks. The hedge...
Oracle dropped 7% after unveiling huge AI growth targets investors found unrealistic

Oracle dropped 7% after unveiling huge AI growth targets investors found unrealistic

Oracle’s stock got slammed with a 7% drop on Friday, the company’s worst single-day loss since January, just one day after laying out a flashy new ...