Oracle’s $300 billion deal with OpenAI has led to a significant drop in its stock value, with its market cap losing $315 billion since the announcement on September 10. While market cap changes can be complex, the loss of $15 billion is notable, costing Oracle nearly as much as one General Motors or two Kraft Heinz companies.
This major financial loss has raised questions about the risks involved in such large-scale corporate partnerships. Experts are analyzing whether the deal’s impact on Oracle’s stock will stabilize or continue to decline. The market’s reaction to the deal has seen Oracle’s share value plummet, with the company’s market capitalization losing nearly $15 billion. In comparison to other major corporations, the impact of this deal on Oracle’s stock has been substantial, equating to the value of one General Motors or two Kraft Heinz companies.
The deal has sparked discussions about the potential benefits and drawbacks for both Oracle and OpenAI. While some believe the partnership could yield long-term gains, others are skeptical about the financial viability and strategic risks involved. Investors are closely watching the developments to assess whether the deal will ultimately lead to a recovery or further losses for Oracle.