Oracle is on track for its worst year in the stock market since 2001, amid growing concerns about spending on artificial intelligence (AI).
Shares of Oracle ($ORCL ), Larry Ellison’s company, plunged about 40% in 2026 and are currently trading approximately 66% below the record reached in September 2025.
And this week brought three more setbacks:
🔻 November 2: Oracle announced a $20 billion fundraising through the issuance of new shares and debt securities, with borrowing costs reaching 8.65%.
🔻 November 4: According to reports, the company canceled a $7 billion deal to rent 100,000 AI chips to Tencent after coming under pressure from US officials.
🔻 November 6: Bloomberg reported that Microsoft is ending its AI computing deal with Oracle, since Nvidia chips from previous generations no longer meet its needs.
These recent developments heighten concerns about Oracle’s debt-funded expansion into AI.
In July, S&P had already downgraded the company’s credit rating to just one notch above junk status.
The big question for investors is whether Oracle’s massive spending on infrastructure can generate sufficient returns before its technology becomes obsolete or customer demand shifts.
$IDOL $KOMA 👀👀👀👀
#news #Oracle #KeplrAdvisesSocialLoginUsersToTransferAssets #crashmarket #AI
Shares of Oracle ($ORCL ), Larry Ellison’s company, plunged about 40% in 2026 and are currently trading approximately 66% below the record reached in September 2025.
And this week brought three more setbacks:
🔻 November 2: Oracle announced a $20 billion fundraising through the issuance of new shares and debt securities, with borrowing costs reaching 8.65%.
🔻 November 4: According to reports, the company canceled a $7 billion deal to rent 100,000 AI chips to Tencent after coming under pressure from US officials.
🔻 November 6: Bloomberg reported that Microsoft is ending its AI computing deal with Oracle, since Nvidia chips from previous generations no longer meet its needs.
These recent developments heighten concerns about Oracle’s debt-funded expansion into AI.
In July, S&P had already downgraded the company’s credit rating to just one notch above junk status.
The big question for investors is whether Oracle’s massive spending on infrastructure can generate sufficient returns before its technology becomes obsolete or customer demand shifts.
$IDOL $KOMA 👀👀👀👀
#news #Oracle #KeplrAdvisesSocialLoginUsersToTransferAssets #crashmarket #AI
