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Stock Market Today, Nov. 4: Oracle Falls on Canceled $7 Billion Tencent Chip-Leasing Deal
Source: Nasdaq
Artificial IntelligenceTechnology & InnovationM&A & Restructuring
Oracle closed at $123.77, down 1.92%, after reports that it canceled a $7 billion Tencent chip-leasing deal and renewed attention on its AI funding plans weighed on shares. The article provides no further details on the deal or funding plans.
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