Oracle Pain Continues

Bespoke Investment Group48.32K FollowersFollow5ShareSavePlay(2min)CommentsSummaryInvestor sentiment towards Oracle is taking another hit today on reports from the FT and Reuters that Blue Owl Capital, which typically funds and leases data centers back to Oracle, pulled out of a project in Michigan designed to serve OpenAI.With over $100 billion in outstanding debt, investors continue to grow more concerned about the company’s borrowing to fund its AI ambitions.With this morning’s 5%+ decline, the stock has basically been cut in half from its intraday high in September.

Getty Images Investor sentiment towards Oracle (ORCL) is taking another hit today on reports from the FT and Reuters that Blue Owl Capital, which typically funds and leases data centers back to Oracle, pulled out of a project in MichiganThis article was written byBespoke Investment Group48.32K FollowersFollowBespoke Investment Group provides some of the most original content and intuitive thinking on the Street. Founded by Paul Hickey and Justin Walters, formerly of Birinyi Associates and creators of the acclaimed TickerSense blog, Bespoke offers multiple products that allow anyone, from institutions to the most modest investor, to gain the data and knowledge necessary to make intelligent and profitable investment decisions. Along with running their Think B.I.G. finance blog, Bespoke provides timely investment ideas through its Bespoke Premium (https://bespokepremium.com/) subscription service and also manages money (https://bespokepremium.com/mm) for high net worth individuals. Visit: Bespoke Investment Group (https://bespokeinvest.com/)