Why Oracle Stock Crashed On Wednesday
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Oracle's stock fell 5% after Blue Owl Capital withdrew from financing a $10 billion data center project linked to OpenAI. Despite the setback, Oracle maintains the project is on schedule. Concerns arise over Oracle's ability to fund large projects amid $248 billion in commitments. Analysts emphasize Oracle's strategic focus on AI resources. The stock remains volatile due to tech sector pressures and investor scrutiny.
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