Oracle shares heading for worst quarter since 2001 following AI investment concerns
Larry Ellison’s Oracle is stumbling into the end of the year with its shares taking a beating.The tech firm’s stock has plummeted 30% so far this quarter, CNBC noted Friday. Only four trading days remain — and the stock is staring down its steepest drop since the 2001 aftermath of the dot-com meltdown. 4 Shares of Larry Ellison’s Oracle are heading for worst quarter since 2001. SOPA Images/LightRocket via Getty ImagesWall Street is losing faith in Oracle’s capacity to crank out new server farms for OpenAI ...