Sentiment on Oracle shares has “deteriorated rapidly.” Can earnings improve mood?

Many companies in the field of artificial intelligence benefit from Wall Street when in doubt, even if it is not clear whether their AI opportunities will fully develop. But not Oracle, whose shares have more than given back the big gains they made on the back of an optimistic forecast about three months ago.

When it comes to Oracle

ORCLInvestors are particularly concerned about the debt financing required for the company’s AI expansion, given a somewhat uncertain demand backdrop. Much of the company’s large backlog is due to OpenAI, but investors are unsure whether the ChatGPT developer will be able to make or pay for all of the promised deals.