Oracle Stock Has Given Back Its Earnings Gains. Does It Have an OpenAI Problem?

1 month ago 1
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The Wall Street Journal reported that $300 billion of the increase was a single contract with artificial-intelligence start-up OpenAI, a company that has quickly rising revenue, but also significant losses. Early Friday, Oracle stock was down 4.5% to $232.74, leaving shares down 3.6% since the earnings call.
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