Oracle Corp's shares plummeted 13% to $175.3 after its capital expenditures update exceeded estimates, risking significant losses. The company's fourth-quarter capital spending reached $16.5 billion, raising concerns about profitability. 
Oracle Corp's shares plummeted 13% to $175.3 after its capital expenditures update exceeded estimates, risking significant losses. The company's fourth-quarter capital spending reached $16.5 billion, raising concerns about profitability. 
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