Jordan Novet / CNBC:

Oracle stock fell 30% this quarter, its steepest drop since Q3 2001, when it slid ~34%, amid skepticism about its ability to open more data centers for OpenAI  —  Three months ago Oracle named Clay Magouyrk and Mike Sicilia as its new CEOs.  They're off to a rough start.

Jordan Novet / CNBC:

Oracle stock fell 30% this quarter, its steepest drop since Q3 2001, when it slid ~34%, amid skepticism about its ability to open more data centers for OpenAI  —  Three months ago Oracle named Clay Magouyrk and Mike Sicilia as its new CEOs.  They're off to a rough start.

Source: TechMeme
Source Link: http://www.techmeme.com/251226/p8#a251226p8