Oracle (ORCL) Pushes Back on Report of OpenAI Data Center Delay

Group 1 - Oracle Corporation is included among the 15 Best Blue-Chip Stocks with Growing Dividends [1] - Oracle pushed back against a Bloomberg report claiming a delay in completing data centers for OpenAI, stating that the timeline remains on track [2][4] - Following the report, Oracle shares fell more than 4% on December 12 [2] Group 2 - RBC Capital reiterated its Sector Perform rating and $250 price target on Oracle, confirming the company's denial of the delay claims [3] - An Oracle spokesperson emphasized that site selection and delivery timelines were established in coordination with OpenAI, with no delays reported [4] - The partnership between Oracle and OpenAI is valued at over $300 billion over the next five years, highlighting the significance of their relationship [4][5]