Oracle Stock Falls
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Oracle has reportedly failed to secure financing from Blue Owl Capital to fund the construction of a new data center, extending a multi-day sell-off following last week's earnings.
Oracle Corp shares are getting hit Wednesday morning following reports that one of its partners is backing out of a massive data center deal.
An update on Oracle's data center plans was the latest development giving investors anxiety about the health of the AI trade on Wednesday.
Oracle stock drops 5.4% as Blue Owl Capital exits $10B data center project over debt concerns. ORCL down 50% from September peak as financing issues mount.
While the cloud giant beat earnings per share and sales growth forecasts, its revenue numbers came in lower than expected.
Oracle's cloud segment surged 34% YoY, now its primary growth engine, while legacy software declined 3%. Learn why ORCL stock is a Buy.
Shares of Oracle fell sharply on Wednesday after a report raised fresh questions about financing for one of the company’s flagship artificial intelligence infrastructure projects.
Oracle stock tumbled as the Financial Times reported that private lender Blue Owl Capital will not back a $10 billion deal for its next data center
Oracle ( ORCL 5.46%) stock fell as much as 16.5% on Dec. 11 in response to the company's second-quarter fiscal 2026 results. Now, at the time of this writing, Oracle is down roughly 42% from its 52-week high, which was made just three months ago.
Bloomberg reported Oracle had delayed by a year the delivery of some data centers it's developing for ChatGPT maker OpenAI. Oracle shares fell Friday, extending recent losses.
US stocks fell on Wednesday as investors weighed what the latest data and Federal Reserve comments mean for interest rate cuts, with tech stocks under pressure as Oracle (ORCL) stock slid. After weeks in a data vacuum,
Oracle exited the recent quarter with non-current notes payable and other borrowings (which are basically long-term debt) of $100 billion, compared to cash and cash equivalents of $19.2 billion.