Oracle Stock Craters 19% in Worst Week Since 2001
Oracle suffered its steepest weekly plunge in over two decades as investors spooked by mounting debt and AI spending.
Oracle just had a week Wall Street would rather forget. The enterprise software giant's stock nosedived 19%, marking its worst weekly performance in roughly 25 years. The last time things looked this ugly was August 2001, when shares dropped 20%.
The culprit? A toxic cocktail of ballooning debt and aggressive AI investment spending that has investors seriously rattled. The company has been pouring capital into AI infrastructure, but the market is clearly questioning whether the bet will pay off fast enough to justify the financial risk.
Debt-fueled AI plays are becoming a recurring theme across enterprise tech. Oracle's brutal selloff signals that Wall Street's patience with the "spend now, profit later" AI playbook may be wearing thin. The stock's freefall puts fresh pressure on leadership to demonstrate returns on its AI ambitions.