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.
Oracle's Q1 revenue grew 30% year-over-year, driven by a 121% increase in Cloud Infrastructure services and strong bookings totaling $664 billion. The company benefits from AI-related demand, though it carries elevated leverage with a debt-to-equity ...
OpenAI revealed it achieved roughly $50 billion in annualized revenue by the end of September, which is lower than the $68 billion figure widely reported earlier. The higher figure included gross revenue from OpenAI's partners, making direct comparis...
Shares of CoreWeave, Nebius, and Oracle fell significantly due to concerns about their heavy borrowing to finance AI infrastructure expansion. CoreWeave led the decline with a 7% drop, followed by Nebius down 6% and Oracle down 5%, while broader clou...
SpaceX, Broadcom, and Oracle are all pursuing tens of billions of dollars in long-term debt to finance the purchase of AI chips that will likely become obsolete before the loans mature. SpaceX plans to borrow about $40 billion directly, while Broadco...
Oracle reported a 30% year-over-year revenue increase in Q1 to $19.35 billion, surpassing expectations and accelerating from the previous quarter. The growth was fueled by strong demand for infrastructure services and $30 billion in new AI contracts ...
