Reported about 12 hours ago
In recent remarks, analyst Joseph Terranova pointed to Oracle Corp (NYSE:ORCL) as a ‘classic example’ of market euphoria due to its significant stock gains following AI deals, despite a subsequent stock decline linked to low margins in its Nvidia Cloud business. He cautioned that while Oracle is making strategic moves, its reliance on debt for growth raises concerns compared to competitors like Amazon and Alphabet. As Oracle navigates potential profitability challenges, some analysts remain skeptical about its financial position in the rapidly evolving AI landscape.
Source: YAHOO