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Oracle’s collapsing stock shows the AI boom is running into two hard limits: physics and debt
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Oracle’s collapsing stock shows the AI boom is running into two hard limits: physics and debt

1 min read

“The world of bits moves fast. The world of atoms doesn’t. And data centers are where those two worlds collide.”

Shares of Oracle have plunged 45% from their September high and lost 14% this week after a messy earnings report revealed it spent $12 billion in quarterly capital expenditures, higher than the $8.25 billion expected by analysts. Earnings guidance wa... [5170 chars]

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Source: Fortune

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