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Why Oracle Stock Just Dropped

TheMotleyFool

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Why Oracle Stock Just Dropped: https://g.foolcdn.com/editorial/images/866901/it-techie-works-on-a-laptop-with-a-supercomputer-lit-up-in-neon.jpg

(NYSE: ORCL) stock sank 6% through 10:05 a.m. after news broke this morning of a falling-out the company may be having with key server supplier Super Micro Computer (NASDAQ: SMCI).

According to technology-focused equity research house Bluefin Research, Oracle has just canceled an order for 300 to 400 Super Micro GB300 NVL72 server racks loaded with Nvidia (NASDAQ: NVDA) chips.

Image source: Getty Images.

Source Fool.com