Oracle $ORCL bounced off the 110 level and closed higher today, even after reports that Microsoft $MSFT is winding down its 2023 AI cloud capacity deal.
Net premium is still −$2.5M (−1.1σ) and the GEX ratio is 0.27 (−1.3σ), but 110 is where the biggest negative GEX sits at −6.2K.
Oracle provider Pyth Network ($PYTH) closed October with $13.67 million in annual recurring revenue, up 18.9% from September.
Paying accounts reached 332, and the Pyth Indices product reached $2.88 million.
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Oracle stock fell 7% Thursday, pulled down by broader fears around the AI trade post-election and continuing a slide that has seen them lose nearly 20% over the past month