Oracle Stock Crashes After OpenAI's Revenue Gap. Who's Next?
Oracle shares plunged more than 5% on Thursday, October 8, after a report raised fresh questions about how much money OpenAI is actually making. The selloff spread across AI stocks. Broadcom fell nearly 4%, Nvidia dropped more than 2%, and Microsoft lost over 1% during Thursday’s trading. The trigger was a Financial Times report showing The post Oracle Stock Crashes After OpenAI's Revenue Gap. Who's Next? appeared first on BeInCrypto.
Key Takeaways
- Oracle shares plunged more than 5% on Thursday, October 8, after a report raised fresh questions about how much money OpenAI is actually making.
- The selloff spread across AI stocks.
- Broadcom fell nearly 4%, Nvidia dropped more than 2%, and Microsoft lost over 1% during Thursday’s trading.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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