Oracle stock plummets 14%, wiping off $105 billion in market value

Crypto

9 months ago 820 Views 05 Comment 1.5k Share

Listen to this article

Voice:

Key Takeaways

Oracle lost $105B in market value after forecasting a $15B increase in 2026 capex.
Much of the spending is tied to supporting OpenAIs cloud computing needs.

… [+394 chars]

Estefano Gomez

Read Full Article View All Articles

Comments

No comments yet. Be the first to comment!

Stay Connected

13,977 Fans 21,798 Followers 7,999 Subscribers 19,764 Followers 31,999 Connections 5,000 Followers 9,000 Subscribers 18,000 Followers 2,500 Karma Join Chat Join Channel

Warning: PHP Request Shutdown: Write failed: No space left on device (28) in Unknown on line 0

Warning: PHP Request Shutdown: Failed to write session data (files). Please verify that the current setting of session.save_path is correct () in Unknown on line 0

Oracle stock plummets 14%, wiping off $105 billion in market value

Listen to this article

Share:

Estefano Gomez

Leave A Comment

Comments

Stay Connected