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Oracle Pulls Back After Musk Deal Falls Through, Time to Buy?
ORCLOracle(ORCL) MarketBeat·2024-07-19 12:35

Oracle stock NYSE: ORCL has pulled back nearly 6% from its recent 52-week highs following reports that the company is no longer in talks with Elon Musk's xAI startup for an expanded cloud-computing deal to train large language models. Despite this setback, Oracle has still outperformed the overall market and its sector, with the stock up over 30% year-to-date compared to the benchmark's 16.27% YTD performance. Oracle TodayORCLOracle$138.01 -1.25 (-0.90%) 52-Week Range$99.26▼$146.59Dividend Yield1.16%P/E Rat ...