Oracle stock drops 7% as some skeptics question lofty AI targets
Oracle's extended rally, which has been driven by the company's increasingly central position in the artificial intelligence boom, hit pause on Friday, with the stock tumbling 7%, its worst day since January.The slide came a day after the software company revealed a long-term outlook, boosted by AI, at an analysts' meeting that was part of the Oracle AI World conference in Las Vegas.Oracle said on Thursday that it expects 18 bill ...