Oracle's stock plunged 40% in one month, with market concerns over AI capital expenditure and debt pressure.



Oracle's market cap evaporated 40% in a month, with the stock dropping to around $140 and testing the key support level of the weekly 200-day moving average.

The sell-off comes after the company announced it has already spent $55.7 billion on AI data center capital expenditures. Oracle also plans to spend $70 billion next year and needs to raise $40 billion through debt or equity financing.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned