Oracle stock retreats at 6% after a sharp stock over 30 years

Oracle On Thursday, the shares closed 6%, a day after the closure of the high -level stock, after the analytics, which expressed concern that most of the upcoming growth of the company goes from one customer: Openai.

This week the software provider saw that his shares were on a wild trip after Tuesday CEO Safra Katz said Oracle “signed four multi -billion dollar contracts with three different clients” in ” the last quarter. The rest of the company, which has not yet been recognized, has gained up to $ 455 billion, which is 359% a year.

In his forecasts, Oracle called for income to cloud infrastructure to expand 14 times by 2030.

In the extended trading on Tuesday, Oracle Fock rose 30% after the company, announcing the financial first quarter results. On Wednesday the stock completed On this day, almost 36%, closing a record maximum of $ 328.33.

Collection is part of extensive technology extension to create the necessary infrastructure to meet the demand for applications that rely on complex artificial intelligence models that usually work Nvidia Chips.

But excitement Oracle’s forecasts were hardened after the Wall Street Journal magazine on Wednesday report that Openai intends to pay CATZ for $ 300 billion in five years. This report came after Openai during the quarter announced by an agreement with Oracle Build 4.5 gigawat From the power of the US data center. Both companies refused to comment on the report.

“Our enthusiasm for Oracle’s lag behind the report that it almost completely came from Openai,” wrote Gil Luria on Thursday, a neutral analyst at Oracle’s stock, which spread customers.