Jim Cramer Says “Oracle Stock Has Gotten Crushed as We Found Out More About That OpenAI Relationship”

Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer shed light on. Cramer discussed the company’s deal with OpenAI, as he commented: “Wall Street Journal is questioning Oracle for relying on a squishy number, a $300 billion five-year agreement with again OpenAI. Oracle didn’t formally announce the contract, but it put it in what’s known as the remaining performance obligation line, which for many means it’s basically a done deal. Some of us regard that as almost cash in the bank. Boy, do we loo ...