This Artificial Intelligence (AI) Stock Appeared Destined for the $1 Trillion Club. Here's Why It Lost Momentum.
Oracle operates some of the best data center infrastructure for artificial intelligence workloads.
This Artificial Intelligence (AI) Stock Appeared Destined for the $1 Trillion Club. Here's Why It Lost Momentum.
Overview
As I write this, 12 publicly listed American companies have a market capitalization of $1 trillion or more, with SpaceX being the newest member of the prestigious club. Software and cloud infrastructure giant, Oracle (NYSE: ORCL), was tantalizingly close to joining them late last year when its market cap topped $935 billion, but its stock has since hit a wall.
ORCL Market Cap data by YCharts
Details
Source
Originally published at www.fool.com.
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