Why Oracle (ORCL) Stock Is Trading Lower Today What Happened? Shares of enterprise software giant Oracle (NYSE:ORCL) fell 3.4% in the afternoon session after Business Insider reported that co-CEO Clay Magouyrk stated during an internal town hall that the company previously struggled to make generative artificial intelligence useful for its own staff despite spending billions building out AI infrastructure for others. According to the report, Chief Information Officer Jae Evans disclosed that the company faced sticker shock from the high costs of OpenAI models such as GPT-6 Astra. The report also noted that Oracle encountered software development bottlenecks and experienced high false-positive rates from Anthropic's Mythos tool.
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