26-words sentence that wiped out $3.5 billion from Oracle’s market value in less than a day
Oracle recently shared a social media post clarifying that the company’s financial relationship with OpenAI is not affected by the Nvidia-OpenAI deal. Oracle shares were trading nearly 2% higher during the day when the company shared the 26-word post. However, soon after sharing the post, its shares witnessed a sharp reversal. By the end of…