Why is Oracle’s stock plunging today?

Oracle dropped 5% on Tuesday, and it wasn’t random. Investors got spooked after The Information dropped a report exposing some nasty math behind Oracle’s cloud business. The report said Oracle plans to buy billions of dollars worth of Nvidia chips to rent out to AI clients like OpenAI. That sounds huge until you look at […] source: https://www.cryptopolitan.com/why-is-oracles-stock-plunging-today/