Oracle shares head for worst quarter since 2001 as AI spending spooks investors
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Oracle is experiencing its worst quarterly decline since 2001, with shares down approximately 30% due to investor concerns over rising AI-related costs. The company has raised its fiscal 2026 capital spending plan by $15 billion, leading to worries about its $105 billion debt and potential execution risks. Despite a strong backlog and partnerships, analysts caution that construction delays and high financing costs could hinder Oracle's ambitious growth plans in AI infrastructure.
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