$ORCL
BREAKING: Oracle is down almost -6% after the FT reported Open AI's annualized revenue is $20 billion lower than previously signaled.
OpenAI told investors its annualized revenue was approaching $50 billion at the end of September.
$ORCL has a $300 billion cloud contract with OpenAI, so lower OpenAI revenue puts that contract at risk.
#ORCLUSDT #CryptoNewss
BREAKING: Oracle is down almost -6% after the FT reported Open AI's annualized revenue is $20 billion lower than previously signaled.
OpenAI told investors its annualized revenue was approaching $50 billion at the end of September.
$ORCL has a $300 billion cloud contract with OpenAI, so lower OpenAI revenue puts that contract at risk.
#ORCLUSDT #CryptoNewss