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Oracle stock slides 4% as Microsoft winds down AI deal

· rollingout.com · popularity 14/100 · 0 similar stories today · Sleep & Rest (Wellness, Fitness & Nutrition)

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Summary

Oracle shares slid today, after Bloomberg reported that Microsoft is winding down an arrangement to rent AI computing capacity from the company. The stock traded near $114 in the afternoon, down less than 1% in one data feed after a steeper drop earlier in the day. Reports put the early decline between 3.3% and 4%. […] The post Oracle stock slides 4% as Microsoft winds down AI deal appeared first on Rolling Out .

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