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AI tokens tumble after Oracle's disappointing quarterly results
Yahoo Finance· 2025-12-12 04:09
Oracle Corporation (NYSE: ORCL), the cloud computing giant co-founded by billionaire entrepreneur Larry Ellison, reported disappointing quarterly results despite massive spending on artificial intelligence (AI). As the tech company's shares tumbled on the charts, so did the cryptocurrencies linked to decentralized AI projects. Larry Ellison attends the Rebels With A Cause Gala 2019 at Lawrence J Ellison Institute for Transformative Medicine of USC on October 24, 2019 in Los Angeles, California. Oracle r ...