The Economic Times News

Oracle stock plunges over 7% as OpenAI data-center timeline slips to 2028 Why Oracles debt-funded AI expansion is raising red flags again and again

Oracle stock plunges over 7% as OpenAI data-center delay to 2028 sparks fresh worries. Oracles $300B AI build-out faces new pressure after Bloomberg reported construction setbacks and a $15B capex jump for FY26. The pullback in ORCL contributed to a wider tech sell-off, with AI and cloud stocks like Nvidia, AMD and others also sliding on risk-off sentiment.