Oracle Stock Slides 10% As Cloud Growth Disappoints, But Long-Term Value Seen
• Oracle's stock fell 10% due to disappointing growth in its cloud computing segment • However, Oracle still reported solid revenue and earnings growth in its recent quarter • Investors had overly optimistic growth expectations for Oracle's cloud business • Oracle is investing heavily in AI infrastructure, but it will take time to drive faster growth • At current valuations, Oracle could be a decent long-term buy for a stable cloud/AI stock