Oracle's AI Ambitions: A Reality Check?

Oracle's stock plunges 7% after analysts question the achievability of its ambitious long-term revenue and earnings targets, despite previous AI-fueled optimism. Mixed Wall Street reactions highlight concerns about spending clarity, customer dependence, and profit outlook, contributing to a cautious market sentiment. While Oracle remains an AI player, a wait-and-see approach is expected as the company focuses on capacity building.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.