SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Oracle shares drop 3.4% after internal AI remarks report

ORCL fell 3.4% in the afternoon session after Business Insider reported co-CEO Clay Magouyrk said Oracle previously struggled to make generative AI useful for itself.

ORCL

4% in the afternoon session after Business Insider reported that co-CEO Clay Magouyrk said in an internal town hall that the company previously had difficulty making generative artificial intelligence useful for its own st...