Why Oracle stock is crashing today
Oracle (NYSE: ORCL) shares are tumbling as investors react to reports questioning the company’s profitability in its artificial intelligence (AI) segment.On Tuesday, the stock fell as much as 7% before paring some losses to trade about 5% lower at $277 by press time.ORCLE one-week stock price chart. Source: FinboldAccording to internal documents cited by The Information, Oracle generated roughly $900 million in revenue from renting servers powered by Nvidia (NASDAQ: NVDA) chips during the three months endin ...