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This OpenAI Data Center Partner Is Beginning To Fizzle Out: Momentum Score Drops - Oracle (NYSE:ORCL)
Summary by Benzinga
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This OpenAI Data Center Partner Is Beginning To Fizzle Out: Momentum Score Drops - Oracle (NYSE:ORCL)
One of OpenAI’s biggest data center partners, with whom it recently signed a multi-billion-dollar, multi-year deal, is increasingly under pressure amid growing scrutiny of the same deal. The stock in question is Oracle Corp. (NYSE:ORCL), which, after rallying to dizzying heights just a few months ago, riding on its $300 billion deal with OpenAI, has witnessed a steep pullback, dropping over 45% from its 52-week high just three months ago, with i…
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