Oracle's stock fell 5% after the company revealed that layoff costs increased by $700 million due to severance and AI-related workforce reductions, overshadowing Executive Chair Larry Ellison's canceled plan to sell $7.5 billion in shares. The negative reaction also affected AI infrastructure peers CoreWeave and Nebius, which dropped 5% each, reflecting broader concerns about the sustainability of hyperscale AI spending. Oracle is funding its data center expansion through debt and share issuance amid negative free cash flow, raising financing concerns despite Ellison's insider vote of confidence. Investors will watch for further clarity on restructuring costs and AI demand to gauge the stock's outlook.
Oracle shares are trading at USD 142.94, down 4.80% as of Sep 14, 2026 21:31 WIB on Pluang, reflecting the market's cautious stance following the layoff cost news. CoreWeave is also down 5.97% at USD 83.68, while Nebius trades at USD 215.30, down 4.12% during the same period. These movements highlight investor sensitivity to AI sector challenges and restructuring expenses.
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