Oracle, Microsoft shares decline as OpenAI’s ARR is called into question (ORCL:NYSE)

Oracle, Microsoft shares decline as OpenAI’s ARR is called into question (ORCL:NYSE)

By Chris Ciaccia
Publication Date: 2026-10-08 18:09:00

Oracle (OPENAI) and Microsoft (MSFT) shares declined sharply on Thursday after the Financial Times said OpenAI’s (OPENAI) annualized recurring revenue was significantly less than previously reported.

The media outlet said that OpenAI’s annualized recurring revenue, or ARR, was approaching $50B at the end