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MarketBeat
MarketBeat
Business
Sam Quirke

Is Oracle the First of the AI Bubbles to Pop?

Oracle MarketBeat

Tech giant Oracle Corporation (NYSE: ORCL) has gone from being one of the biggest beneficiaries of the artificial intelligence (AI) rally to one of its most notable casualties.

After surging to more than $345 last September as the AI boom picked up pace, the stock has since fallen to just above $140, having endured a relentless decline of almost 60%.

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