:max_bytes(150000):strip_icc()/GettyImages-22177254481-9aa014567a1445ac9ea39c5e1b2810ae.jpg?w=1024&resize=1024,1024&ssl=1 "A bad week for Oracle stock got even worse on Friday. Here’s why")
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Publication Date: 2025-12-12 12:00:00
Key insights
- Oracle shares fell on Friday after reports that delivery of some data centers for OpenAI was delayed.
- The stock ended the week down nearly 13% after Oracle’s quarterly results fell short of expectations on Wednesday and increased scrutiny of its AI investments.
A bad week for software maker Oracle (ORCL) ended on a sour note.
BloombergCiting people familiar with the matter, Oracle reported that Oracle has delayed delivery of some data centers it is developing for ChatGPT maker OpenAI by a year. It is said that the delays are due to a shortage of materials and labor Bloomberg.
The report weighed on Oracle’s shares. already under pressure After releasing results earlier in the week, they fell a further 4.5% on Friday to levels not seen since June.
The company said in a statement: “All milestones remain on track.”
Why this is important
Oracle is borrowing heavily to compete with cloud computing giants like Microsoft and Alphabet.