ORCL - Should Oracle Investors Be Worried After Elon Musk's Latest Blow?
2024-07-17 10:20:00 ET
One artificial intelligence (AI) stock that has been getting some attention lately is Oracle (NYSE: ORCL) .
A couple of months ago, media outlets reported that Oracle was rumored to be in negotiations for a $10 billion cloud server contract with Elon Musk's AI start-up, xAI .
However, recent stories from Bloomberg and Reuters suggest that talks between xAI and Oracle have subsided. While this is an unfortunate development, I still see many reasons to own Oracle stock as the AI narrative continues to evolve.
For further details see:
Should Oracle Investors Be Worried After Elon Musk's Latest Blow?