By Bryce Elder
Publication Date: 2025-11-18 06:30:00
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It’s too early to talk about the curse of OpenAI, but we’ll do it anyway.
Since Oracle announced a $300 billion deal with the chatbot maker on September 10, the company’s stock has lost $374 billion in market value:
OK, yeah, that’s not how market caps work and the title of the post is clickbait. But the Oracle stock equivalents have barely changed over the same period (Nasdaq Composite, Microsoft, Dow Jones US Software Index), so that’s not entirely wrong either. Oracle’s “amazing neighborhood“It really cost as much as one Dellor two eBay’s.
Investor unease comes as Big Red is betting a debt-funded data farm on OpenAI MainFT reported last week. We don’t have much to add to this report other than the following charts that show how much Oracle has actually become OpenAI’s US public company…
