By Lee Samaha
Publication Date: 2026-05-01 17:37:00
oracle (ORCL +0.95%) The stock plunged a few days ago following a Wall Street Journal report Report claims that its key partner, OpenAI, lacked internal goals and that some of its executives, including CFO Sarah Friar, failed to do so expressed concerns about his expenses. Fast forward to today and Friar spoke with Bloombergclaiming that the company has actually exceeded expectations. That was enough to send Oracle shares up more than 7% as of 12:30 p.m. today.
Why OpenAI is important for Oracle
What happens at OpenAI carries over to Oracle as the two companies make $300 billion Deal in which Oracle will build AI infrastructure to serve OpenAI demand.
Image source: Getty Images.
Given Oracles Of course, given its massive investment commitments, there is cause for concern whenever OpenAI’s growth trajectory is questioned. The chart below shows Wall Street analysts’ consensus, courtesy of S&P Global Market Intelligence, for Oracle’s earnings before interest, taxes, depreciation, and amortization (EBITDA).
