Oracle (NASDAQ:ORCL) has already been punished harshly by the market, thanks to its heavy debt load and OpenAI exposure.
Shares in technology company Oracle have fallen by more than 50% from last year's record. As Bloomberg News reported Thursday (Jan. 29), the decline is happening as investors shed the stock over fears about the artificial intelligence (AI) market and the company's ties to OpenAI.
Oracle (NYSE:ORCL ) looked like it was destined to be the next $1 trillion company last year before things made an abrupt turn.
Over the past decade, Oracle stock (NYSE: ORCL) has emerged as a premier capital-return engine, distributing a remarkable $158 billion to shareholders—the 9th highest total in corporate history.
In the latest trading session, Oracle (ORCL) closed at $172.8, marking a -1.2% move from the previous day.
Oracle is ramping cloud CapEx to nearly $50B, betting GPU infrastructure and AI demand will fuel faster revenue growth starting fiscal 2027.
Oracle said on Tuesday that issues faced by U.S. users of social media app TikTok are the result of a temporary weather-related power outage at an Oracle data center.
ORCL is ramping cloud CapEx to $50B as AI and enterprise demand surge, betting GPU-rich data centers can unlock faster revenue growth.
A growing number of users have accused the platform of censoring certain political positions, including the word "Epstein." California Gov.
TikTok's daily average app uninstalls in the U.S. have increased nearly 150% over the past five days compared with the previous three months, analytics firm Sensor Tower told CNBC. The app uninstall increase comes after TikTok last week announced a joint venture to keep the app operating in the U.S. under new American leadership.
ORCL's push toward FedRAMP Moderate for Primavera Cloud could open multi-year federal contracts and strengthen its role in regulated cloud markets.
Recently, Zacks.com users have been paying close attention to Oracle (ORCL). This makes it worthwhile to examine what the stock has in store.