On October 9, Oracle rose 3.94% in regular trading, trading at $139.955 per share with a turnover of $341 million. The move follows a decline of more than 5% a day earlier, as the stock staged a technical rebound after the market digested a perceived revenue shortfall at OpenAI.
OpenAI disclosed to investors that its annualized revenue stood at approximately $50 billion, below the roughly $70 billion figure previously circulating in the market. The higher number included revenue generated by partners and was used for comparison with competitors such as Anthropic, meaning the gap does not reflect an actual contraction in revenue. Third-quarter total run-rate growth still reached 77%, while enterprise business run-rate growth hit 107%, indicating underlying fundamentals have not materially deteriorated.
Repair-oriented buying emerged as investors reassessed the valuation impact on AI infrastructure names, including Oracle, which remains a key partner in OpenAI's compute expansion.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)