Oracle slides as hefty AI spending, debt plans spook investors
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Article Excerpt
Oracle slides as hefty AI spending, debt plans spook investors
REUTERS
PUBLISHED JUNE 11, 2026
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Shares of Oracle (ORCL-N) tumbled 12 per cent on Thursday as surging spending and a ballooning debt load fanned investor concerns about the cash burn in the company’s push to build out AI infrastructure.
If the losses persist, the stock would log its biggest one-day drop since January last year, wiping off around US$72 billion from the company’s US$578.83 bill…
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