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Wajeeh Khan

Why Reports of a Delayed OpenAI IPO Are Dragging Down ORCL Stock

ORCL OpenAI Stock Oracle IPO

Oracle (ORCL) stock closed down 2.58% on June 26 following a New York Times report that OpenAI is considering postponing its blockbuster initial public offering (IPO) until 2027.

Investors are heavily penalizing ORCL primarily because of its deep infrastructural ties and over-concentration in the frontier artificial intelligence (AI) model developer.

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