The Economic Times News

Oracle stock crash: Oracle shares plunge after weak revenue and forecast miss whats next, and will AI stocks sink?

Oracle stock crash: Oracle shares plunge after weak revenue and forecast miss - Oracle shares plunged 13% after revenue hit $16.06B, missing estimates and cutting Q3 growth to 1618%. Debt is $127B. Capex jumps $15B. Free cash flow is $13B. AI bookings missed at $523B. Nvidia, AMD, Micron also fell. Why Oracles AI spending boom is shaking investors?