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Oracle (ORCL) stock fell on fears that its big AI bet might be cooling.
Oracle's remaining performance obligations surged 325% year-over-year to $553 billion, driven by AI contracts.
KEY POINTS
- Oracle plans to raise $45-50 billion in 2026 via debt and equity to fund cloud expansion.
- Oracle is deploying 50,000 AMD MI450 AI chips in its servers by late 2026.
- Oracle's Q3 free cash flow was negative $24.7 billion due to significant data center investments.
- Oracle recently partnered with AWS to offer a private, high-speed link between their respective clouds.
COMPANIES
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