Oracle stock price rebounds, but ORCL dips after hours as Stargate doubts linger
Oracle shares closed up 3.4% at $146.14 Tuesday, then slipped 0.8% after hours, as investors tracked fallout from OpenAI’s stalled Stargate data-center project tied to Oracle’s cloud expansion. The delay, reported by The Information, centers on disputes over control and ownership, not chip supply. Oracle recently raised billions in debt and equity to fund cloud infrastructure. Traders await Nvidia’s earnings Wednesday for AI sector signals.