Tag: 70bn
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Oracle’s Disappointing Outcomes Slash $70bn in Worth Amid AI Bubble Issues
Oracle’s disappointing outcomes have knocked greater than $70bn off the worth of software program and information firm co-founded by Trump ally Larry Ellison, including to fears of a bubble in AI-related shares. Shares within the firm fell by 11.5% in a single day after it reported a lower-than-expected 14% rise in revenues to $16bn (£12bn)…