What's Up with CoreWeave, Meta, and Oracle Stock Slides?
CoreWeave, Meta, and Oracle have seen big selloffs in their shares lately, thanks to questions about their level of spending and their deals with OpenAI.
As talk of an AI bubble intensifies, a handful of companies face tough questions—and an unfavorable response from investors.
Over the past month, CoreWeave (CRWV), Meta (META), and Oracle (ORCL) have seen their share prices plummet over market concerns about potential losses from exposure to AI startups, OpenAI in particular. These companies are spending big and/or taking on debt to satisfy a need for compute power that may lead to significant losses.
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Founded in 2017, Futuriom is a boutique technology research firm analyzing AI infrastructure and services; cloud infrastructure and services; and cybersecurity. Futuriom has a track record of identifying key shifts in the cloud
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We also track hundreds of startups in the cloud infrastructure market.
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