Oracle down 12% in a week, nearly 50% off June high as OpenAI exposure spooks market
alvelda · x · 2026-10-16
Oracle shares keep collapsing: down 12% in a week and nearly 50% from its June high, with pre-market losses continuing (chart shows a single-day drop of over 16%).
No company is as exposed to OpenAI as Oracle — its AI compute backlog is tightly coupled to OpenAI's ability to pay — and the market is voting with its feet on the riskiness of that deal.
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