By The Globe and Mail
Publication Date: 2026-03-18 18:10:00
Important points
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Oracle has become a major player in the cloud services market and has benefited from the AI boom.
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The company recently talked about its profitability with AI products and services.
Investors have favored artificial intelligence (AI) stocks in recent years, viewing them as a ticket to investment profit. This is because AI has shown the potential to transform the way many things are done – from business to everyday tasks – and thereby increase profit growth. Many companies involved in the development and use of AI have already started to benefit from it, and this is reflected in the performance of their stocks. Investors who got in early made the right move.
But a variety of concerns have weighed on AI stocks in recent months, from worries about the level of investment in the technology relative to revenue opportunities to broader market issues like the war in Iran. As investors became more cautious, even the strongest AI stocks suffered…