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-0.000265334099854076 -0.000100826957944499 -0.000355989917304083 -0.000486445849732389 -4.82023614734549E-05 -0.000398001149781114 0.000265334099854076 0.000265334099854076
Stock impact report

A Bad Week for Oracle Stock Got Even Worse on Friday. Here's Why [Yahoo! Finance]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The stock ended the week nearly 13% lower after Oracle's quarterly results on Wednesday fell short of expectations and amplified scrutiny of its AI investments. A bad week for software maker Oracle ( ORCL ) ended on a sour note. Bloomberg , citing people familiar with the matter, reported that Oracle had delayed by a year the delivery of some data centers it's developing for ChatGPT maker OpenAI. The delays were caused by material and labor shortages, according to Bloomberg The report weighed on Oracle's shares, already under pressure following the release of its results earlier in the week, pulling them another 4.5% lower Friday to levels not seen since June. The company in a statement said "all milestones remain on track." Oracle is borrowing heavily in its bid to compete with cloud computing giants like Microsoft and Alphabet. That has made investors wary of the software giant's data center investments. “There have been no delays to any sites required to meet our contr Show less Read more
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