Oracle's stock experienced a significant drop after reporting quarterly results that missed revenue expectations, largely due to substantial spending on data centers for AI customers like OpenAI. The company's heavy reliance on a massive OpenAI deal and its debt-fueled expansion have raised investor concerns about its financial stability and future growth prospects.
source https://timesofindia.indiatimes.com/technology/tech-news/sam-altman-makes-oracle-do-what-it-has-never-done-in-its-history-burn-10-billion-and-borrow-/articleshow/125915195.cms
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