By Lee Samaha, The Motley Fool
Publication Date: 2026-04-28 18:27:00
shares oracle (NYSE:ORCL) fell as much as 6.3% in early trading today. The move comes as the market emphasizes the latest updates from its partner OpenAI. Oracle has inked a $300 billion cloud computing deal with OpenAI, in which the company will invest heavily in building AI infrastructure to generate future revenue from the AI giant.
What happened to OpenAI?
According to a report in the Wall Street JournalOpenAI is missing its internal goals and some of its management and board members are raising questions about data center spending. The news came at a bad time for OpenAI, as Tesla CEO Elon Musk Lawsuit against OpenAI CEO Sam Altman goes to court. A Musk victory could lead to upheavals at OpenAI and thus a change in strategic direction.
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