Markets · 1 sources covering this

US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investors

Oracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating debt and spending in the competitive AI infrastructure sector. Engaging in large-scale data center partnerships with industry titans like OpenAI and Meta, Oracle aims to position itself against formidable competitors like Amazon and Microsoft.

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Economic TimesLean R·2h ago
US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investors
Oracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating debt and spending in the competitive AI infrastructure sector. Engaging in large-scale data center partnerships with industry titans like OpenAI and Meta, Oracle aims to position itself against formidable competitors like Amazon and Microsoft.
Read at Economic Times →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/6dbce7e7c4f8dd1851a5fc4e2ec2b27490ca07a7"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investors"></iframe>

US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investors

How 1 sources are covering this

US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investors

More from Markets

Ahead of Market: 10 things that will decide stock market action on Friday

Market Trading Guide: Allied Blenders among 2 stock recommendations for Friday

Sebi moves to align price bands, base price for pre-open call auction across exchanges

Vedanta demerger: Four spin-off companies list on exchanges on June 15

Reader

Trust & legal

Across the network