Why Oracle Stock Was Dropping Today
Shares of Oracle (NYSE: ORCL) -- the cloud computing and legacy tech company that's emerged as a potential winner from the artificial intelligence (AI) boom -- were falling today as a note from JPMorgan Chase seemed to question growth from its Oracle Cloud Infrastructure (OCI) business through the current fiscal year.
As of 12:46 p.m. ET, Oracle stock was down 6.1%, and the broader sell-off in tech stocks today on worries about rising rates also seemed to weigh on Oracle.
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Source Fool.com
Oracle Corp. Aktie
124,68 €
0,18 %
Klare Kaufempfehlung: Oracle Corp. erhält nur Buy-Einschätzungen.
Das von der Community festgelegte Kursziel von 139 € für Oracle Corp. deutet auf ein leichtes Wachstumspotenzial im Vergleich zu 124.68 € hin.
