Oracle Shares Slide As It Raises More Money

▤ Summary

Oracle’s shares fell after the company reported stronger-than-expected revenue but kept its forward sales guidance flat. The company said it will raise roughly $40 billion in debt and equity to fund about $70 billion in capital expenditures next year. Oracle is pouring that capital into AI-focused data center expansion and related chip purchases, with OpenAI among the key customers tied to the buildout. Investors are reacting to the rising financing burden, the concentration of demand, and the pressure from escalating data center costs. The article also notes growing local opposition and recent job cuts as Oracle tries to support its expansion strategy.

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