Oracle’s stock drops as negotiations for xAI technology partnership fall through – MSN

This article discusses the recent drop in Oracle’s stock prices following failed negotiations with xAI. Oracle’s shares took a significant hit after talks between the two companies fell through, causing concern among investors and analysts. Many believe that the failed talks could have a negative impact on Oracle’s future prospects and performance in the market. The company’s stock prices have been on a downward trend since news of the failed negotiations broke, and some investors are wary of the potential consequences of this development. Oracle’s management has not released any official statements regarding the failed talks or their implications for the company’s future. This news comes at a time when Oracle is facing increasing competition in the tech industry, particularly in the realm of artificial intelligence. The company has been working to expand its AI capabilities to stay competitive with other tech giants, but the failed talks with xAI could hinder these efforts. Overall, the future of Oracle’s stock prices and market performance remains uncertain in light of these recent developments. Investors and analysts will be closely monitoring the company’s next moves to gauge the potential impact on its performance in the coming months.

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https://www.msn.com/en-us/money/markets/oracle-stock-plunges-as-xai-talks-fail/ar-BB1pGYvH?ocid=finance-verthp-feeds