Oracle Says OpenAI Data Centers 'On Track' After Report Of Delays. Stock Regains Some Ground.

Company Insights - Oracle is facing delays in the completion of data centers for OpenAI, pushing the timeline from 2027 to 2028 due to labor and material shortages, which has negatively impacted Oracle's stock performance [6][11] - Oracle's recent fiscal Q2 earnings did not alleviate concerns regarding its significant investments in AI, leading to a decline in stock value and raising more questions about its strategy [6][11] Market Trends - The Dow Jones and Russell 2000 indices have reached new highs, supported by Federal Reserve actions, while Oracle and Broadcom have negatively affected the technology sector [9] - There is a notable interest in marijuana stocks following reports that Donald Trump may ease federal restrictions, indicating potential market shifts [8]