Short sellers have made $24 billion in profits betting against software stocks, with Oracle plummeting 54% from its peak. Oracle reported weak revenue and a significant cash outflow, raising concerns about AI bubble risks. The company is seeking to raise $38 billion in debt for its AI buildout and maintain its investment-grade rating. Despite skepticism, some analysts see potential for Oracle if it delivers for OpenAI. With a mix of bullish and bearish sentiments, the debate over Oracle’s future is heating up among investors. The stock has a “Moderate Buy” consensus rating with an average price target of $288.86.

Read more at Yahoo Finance: Short Sellers Are Making Bank on Oracle Stock. Should You Bet Against ORCL Too?