Key facts: Oracle's stock fell over 5% on September 26 after analyst Alex Haissl set a $175 price target, citing concerns about overestimated cloud growth and unrealistic revenue goals.
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- Oracle's stock fell over 5% on September 26 after analyst Alex Haissl set a $175 price target, citing concerns about overestimated cloud growth and unrealistic revenue goals.1
- Oracle Corp. launched an $18 billion bond offering to fund its cloud and AI expansion, attracting nearly $88 billion in demand, which helped lower its borrowing costs.2
- Larry Ellison, Oracle's chairman, highlighted the anticipated expansion of the market for AI usage among companies and consumers, suggesting a significant increase in AI-related investments.3