Wall Street cools on Oracle's buildout plans as debt concerns mount: 'AI sentiment is waning'
Tehnologie
Two months ago, Oracle's stock had its best day since 1992, soaring 36% to a record after the company blew away investors with its forecast for cloud infrastructure revenue. Since then, the company has lost one-third of its value, more than wiping out those gains. Midway through November, the stock is on pace for its worst month since 2011. The hype was sparked by Oracle's strengthening ties to OpenAI. But the mood of late has turned, with investors questioning whether the AI market ran too far,
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