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0 0.00174114915844454 0.00040968215492815 -0.00252637328872353 -0.00491618585913761 -0.00513809702639034 -0.00404561127991534 -0.00365299921477585
Stock impact report

Oracle shares tank 15%, dragging down Nvidia, AMD, CoreWeave [MSNBC.com]

FactSet Research Systems Inc. (FDS) 
Last factset research systems inc. earnings: 3/26 07:01 am Check Earnings Report
US:NYSE Investor Relations: investor.factset.com
Company Research Source: MSNBC.com
In this articlewatch nowVIDEO3:4703:47Oracle's spending surge sparks bubble concernsSquawk Box EuropeThe cloud computing and database software maker reportedlower-than-expected quarterly revenueIt dragged other -related names down with it.Chip darlingNvidiaMicronCoreweaveOracle has been the subject of much market chatter since raising $18 billion in a jumbo bond sale in September, marking one of the largest debt issuances for the tech industry on record. The name shot onto investor agendas when itinked a $300 billion dealAmazonMicrosoftGoogleHowever, investors have questioned Oracle's aggressive infrastructure build-out plans and whether it needs such a colossal amount of debt to execute, though other tech firms have also recently issued corporate bonds.Read more CNBC tech newsOracle specifically hassecured billions of dollars of construction loansOn the company's earnings call, Principal Financial Officer Doug Kehring committed to keeping Oracle's investment-grade debt rating."In a Show less Read more
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