benzinga44d ago
Oracle Corp. (NYSE:ORCL) shares are down Friday, falling roughly 5% in a session where the broader tape is holding up relatively well. The Nasdaq Composite is up 0.30%, the S&P 500 has gained 0.20%. OpenAI Exposure Turns From Tailwind To HeadwindOracle has raised tens of billions of dollars to fund capacity, but the market is shifting its focus toward the sustainability of debt-financed data centers. “Maybe Oracle stock got way ahead of fundamentals and now the market’s saying, alright, show me,” Eric Diton of Wealth Alliance told Bloomberg.Government Wins Offer Limited ReliefOracle recently secured an $88 million Air Force contract for Top Secret cloud workloads and a separate CMS deal to host Medicare and Medicaid systems. Technical AnalysisOracle is trading ...Full story available on Benzinga.com