Oracle stock is at its lowest level since 2001 and many investors are blaming it on Sam Altman’s OpenAI deal
Technology stocks, including Nvidia and Broadcom, also declined, impacting the S&P 500 and semiconductor index. Just three months into their tenure as co-CEOs, Oracle’s Clay Magouyrk and Mike Sicilia are facing a brutal market reckoning. Shares of the database giant have plummeted 30% this quarter, putting the stock on track for its worst performance since…