Oracle Shares Drop Amid Funding Uncertainty for Michigan Data Center
TL;DR Summary
Oracle's shares dropped about 5% after Blue Owl Capital withdrew from funding a $10 billion AI data center project, raising concerns about the company's ability to finance large-scale AI infrastructure amid broader tech sector volatility and investor scrutiny.
- Why Oracle (ORCL) Shares Are Crashing Today Yahoo Finance
- Oracle stock dips 4% on report Blue Owl Capital won't back $10 billion data center CNBC
- Oracle Says Michigan Data Center Equity Deal on Schedule (ORCL) Bloomberg.com
- Oracle Stock Falls After Report on AI Data-Center Funding Talks Barron's
- Oracle’s $10bn Michigan data centre in limbo after Blue Owl funding talks stall Financial Times
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