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Oracle shares closed down 6% on Thursday, a day after the stock closed at a record high, following an analyst note expressing concern that most of the company's upcoming growth is coming from a single client: OpenAI .

The software vendor has seen its stock go on a wild ride this week after CEO Safra Catz on Tuesday said that Oracle had "signed four multi-billion-dollar contracts with three different customers" in the latest quarter . The company's remaining performance obligation, a measure of contracted revenue that has not yet been recognized, swelled to $455 billion, up 359% year over year.

In its forecasts, Oracle called for cloud infrastructure revenue to expand 14-fold by 2030.

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