Is Oracle stock worse than the Dow?

Oracle Corporation (ORCL) is a global provider of enterprise software and cloud services based in Austin, Texas. The company operates Oracle Cloud Infrastructure to provide compute, storage, networking and database capabilities to enterprises worldwide.

The portfolio includes database platforms, middleware and enterprise applications such as ERP, HCM and CRM tailored to many industries. Oracle also provides hardware, consulting, support and managed services to help companies implement and optimize their integrated IT solutions. With a Market cap of $570.96 billionthe company is classified as a “mega-cap” stock.

Oracle’s shares had reached a value 52-week high of $345.72 on September 10thbut is 43% below this level. Investors are concerned about excessive inflation Artificial Intelligence (AI) The sector’s bubble and high valuations have caused the stock to decline. In the last three months, Oracle Stock has…