Oracle investors didn't get what they wanted. But its earnings report was a good sign for other stocks in the AI trade.
Oracle shares plunged after the tech giant said it expects to raise billions of dollars this fiscal year to fund its AI buildout. The news overshadowed record quarterly results and a record backlog.
Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...