US Stock Movement | Oracle falls nearly 5%, up 38% for the month

On Tuesday, Oracle fell nearly 5%, with a cumulative increase of 38% this month, currently reported at $313.60. In terms of news, recently, Moody's Ratings specifically pointed out multiple risks associated with the approximately $300 billion AI contracts signed by Oracle, but did not take any rating action against the software giant (i.e., did not downgrade the rating or adjust the outlook). However, analysts reiterated the risks listed when Moody's downgraded Oracle's rating outlook from "stable" to "negative" in July: Oracle's business model heavily relies on large commitments from a few AI companies, which poses significant "counterparty risk"—a risk that is particularly critical in project financing, especially when revenue is highly dependent on a single client. Currently, Oracle's Moody's issuer rating is Baa2, at the lower end of the investment-grade credit rating range