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A Retiree Who Bought 1,000 Oracle Shares at $39 Just Watched Microsoft Walk Away
Source: 247wallst.com
Artificial IntelligenceTechnology & InnovationCompany Fundamentals
Microsoft is winding down an AI cloud deal with Oracle, whose stock is reported to be 65% below its peak. The article frames the implications for a retiree who bought 1,000 Oracle shares at $39 each in 2016, an initial investment of $39,000; it provides no current share price or details of the deal’s financial impact.
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