This Artificial Intelligence (AI) Stock Appeared Destined for the $1 Trillion Club. Here's Why It Lost Momentum.

Oracle's AI data center business showed strong growth with $638 billion in remaining performance obligations, but the stock has fallen 44% from its all-time high due to concerns about whether major customers like OpenAI can fulfill their commitments. With $122 billion in long-term debt and only 12% of RPO expected to convert to revenue in the next 12 months, investors are advised to take a wait-and-see approach.