By The Tech Buzz Team
Publication Date: 2025-12-26 17:09:00
Oracle shares have plunged 30% this quarter, their worst performance since 2001, just three months into the tenures of new CEOs Clay Magouyrk and Mike Sicilia. The selloff reveals a marketwide loss of confidence in the database giant’s ability to deliver on its blockbuster promise to build massive data centers full of Nvidia chips for OpenAI, a commitment that was supposed to rescue the company from its cloud infrastructure jam.
three months ago, oracle handed Clay Magouyrk and Mike Sicilia the keys. They are already in the ditch.
Oracle is down 30% this quarter with just four trading days to go. That puts it on track for its biggest decline since 2001, when the dot-com bubble imploded. The timing is brutal – these new CEOs have inherited what was then supposed to be a generational opportunity OpenAI agreed to pump more than $300 billion into Oracle’s cloud infrastructure.
That was September. Everything felt possible. The stock exploded 36%, hitting an intraday high…
