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Message   VRSS    All   Oracle is Already Underwater On Its 'Astonishing' $300B OpenAI D   November 18, 2025
 2:20 PM   

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Title: Oracle is Already Underwater On Its 'Astonishing' $300B OpenAI Deal

Link: https://developers.slashdot.org/story/25/11/1...

An anonymous reader shares a report: It's too soon to be talking about the
Curse of OpenAI, but we're going to anyway. Since September 10, when Oracle
announced a $300 billion deal with the chatbot maker, its stock has shed $315
billion in market value. OK, yes, it's a gross simplification to just look at
market cap. But equivalents to Oracle shares are little changed over the same
period (Nasdaq Composite, Microsoft, Dow Jones US Software Index), so the $15
billion loss figure [figure updated with stock price] is not entirely wrong.
Oracle's "astonishing quarter" really has cost it nearly as much as one
General Motors, or two Kraft Heinz.

Read more of this story at Slashdot.

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