Why did Oracle stock go up so much and now is going down ?

What made Oracle stock price to go up so much ? Why it is going down now ?
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Oracle stock was growing fast because of optimistic forecasts for future revenues, driven mostly by:
  • High demand for its AI focused cloud services (mainly from AI leaders like OpenAI)
  • Increase of cloud contracts
  • Growth in cloud infrastructure


But later, the price of technology stocks went down because of "the AI bubble burst".
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