US EditionPublished • loading... • Updated
Oracle's Plunge Amid AI Crisis Triggers Massive Fall in Shares and Cryptocurrencies - The Cryptocurrency Post
Summary by thecryptocurrencypost.net
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
Oracle's Plunge Amid AI Crisis Triggers Massive Fall in Shares and Cryptocurrencies - The Cryptocurrency Post
Oracle Corp. shares plummeted, resulting in a $40 billion market capitalization loss this October 7th. The trigger was a report that revealed the company’s unsustainably low-profit margins in its AI cloud division. This event not only shook Wall Street but also caused a notable fall of Oracle shares and cryptocurrencies, highlighting the dangerous interconnection between both markets. The report exposed an alarming financial reality for the tech…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
