Oracle FALLS more than 6% to a two-year LOW after news that Microsoft will wind down its deal to rent AI computing power from Oracle.
$ORCL slid from nearly $120 to $109 in just FOUR hours, a nearly 9% drop from its intraday high on Friday.
Microsoft opted against renewing the deal for older Nvidia chips as its computing needs changed, per Bloomberg.
$ORCL slid from nearly $120 to $109 in just FOUR hours, a nearly 9% drop from its intraday high on Friday.
Microsoft opted against renewing the deal for older Nvidia chips as its computing needs changed, per Bloomberg.