Why Oracle stock is crashing over 4% today

Shares of Oracle fell sharply on Wednesday after a report raised fresh questions about financing for one of the company's flagship artificial intelligence infrastructure projects. Those talks have since stalled, and the agreement will not move forward, the report said. As a result, financing for the Michigan project is now uncertain, as Oracle has yet to finalise an agreement with an alternative backer, according to the report. Oracle responded to the report later on Wednesday, confirming that Blue Owl will ...