To Wall Street, Oracle Corp. is a screaming buy. To many investors, however, the company’s relationship with OpenAI, its sizable debt load and the durability of its software business have made owning the stock a risk.
Oracle shares were on a six-session losing streak in which they’ve lost 14% through Thursday’s close, their worst stretch in months. Despite an April rally, the stock is down nearly 50% since hitting a high in September.
The latest move is centered around OpenAI, which is facing questionsabout its ability to meet the hundreds of billions of dollars it’s committed to spend ...
