Should Oracle Investors Be Worried After Elon Musk's Latest Blow?
One artificial intelligence (AI) stock that has been getting some attention lately is (NYSE: ORCL).
A couple of months ago, media outlets reported that Oracle was rumored to be in negotiations for a $10 billion cloud server contract with Elon Musk's AI start-up, xAI.
However, recent stories from Bloomberg and Reuters suggest that talks between xAI and Oracle have subsided. While this is an unfortunate development, I still see many reasons to own Oracle stock as the AI narrative continues to evolve.
Source Fool.com
Oracle Corp. Stock
The stock is one of the favorites of our community with 41 Buy predictions and 1 Sell predictions.
With a target price of 139 € there is a slightly positive potential of 9.11% for Oracle Corp. compared to the current price of 127.4 €.