Major U.S. indexes fall on AI weakness. Blue Owl Capital pulls out from funding Oracle's $10 billion data center.
Leveraged Oracle ETFs faced an early test of volatility Wednesday as news of stalled data center funding talks sent Oracle Corp. (ORCL) shares down 4.8% midday. That triggered sharp moves in both the bull and bear products launched less than a month ago.
The slide this month by Oracle (ORCL) and Broadcom (AVGO) has reminded investors that artificial intelligence (AI) stocks don't move up in a straight-line fashion. They may also want to consider that prior pullbacks by mega-cap AI equities have often proven to be buying opportunities.
| Transportation Infrastructure Industry | Industrials Sector | Michael D. Sicilia CEO | XFRA Exchange | US68389X1054 ISIN |
| US Country | 159,000 Employees | 9 Jan 2026 Last Dividend | 13 Oct 2000 Last Split | 12 Mar 1986 IPO Date |
Oracle Corporation is a global provider of enterprise information technology solutions. The company delivers a wide range of products and services designed to meet the complex demands of modern IT environments. With a broad portfolio that includes everything from cloud software applications and infrastructure technologies to hardware products, Oracle aims to support businesses across various industries, government agencies, and educational institutions. The company's collaborative efforts, like its partnership with Amdocs Limited, highlight its commitment to facilitating cloud and digital adoption for its customers. Founded in 1977, Oracle has established its headquarters in Austin, Texas, marking its significance in the tech industry for several decades.
Oracle Corporation's extensive array of products and services caters to a diverse range of enterprise IT needs:
In its effort to meet the demands of businesses, government agencies, and educational institutions, Oracle employs direct and indirect sales channels, further expanding its reach and influence in the IT sector.