By Aditya Raghunath
Publication Date: 2026-04-29 09:55:00
Khey statistics for Oracle share
- Price change for Oracle Share: -4%
- $ORCL stock price as of April 28: $166
- 52-week high: $346
- $ORCL stock price target: $243
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What happened?
oracle (ORCL) The stock fell about 4% on Tuesday after a The Wall Street Journal report warned against OpenAI, one of Oracle’s largest customers.
- According to the report, OpenAI missed its internal goal of reaching 1 billion weekly active users by the end of 2025.
- The company also fell short of monthly sales targets earlier this year.
- Competition from Anthropic and Google’s Gemini has dented ChatGPT’s market share, which has fallen from 86.7% to 64.5% of generative AI web traffic in just one year.
Perhaps the most alarming detail:
OpenAI’s CFO has reportedly expressed internal concerns about whether the company can fulfill its computing contract…