By Rishabh Mishra
Publication Date: 2026-02-16 12:51:00
Oracle takes the biggest hit
Oracle was the lightning rod for Fears related to OpenAIwith shares falling about 40% from late October highs as concerns grew about debt-funded AI data centers and the severe exposure to OpenAI workloads.
The company has increased Tens of billions of dollars to fund capacity and touted its role in training OpenAI models, but what was once seen as a transformative growth engine is now being questioned as potentially unsustainable.
“Maybe Oracle stock is way ahead of the fundamentals and now the market is saying, OK, show me.” Eric Diton of Wealth Alliance, said Bloombergwhich captures the new skepticism towards AI expansion.
Microsoft’s backlog is raising alarms
Microsoft has long been considered the most important financial and cloud company Beneficiaries of OpenAIis also under pressure as markets widen its huge AI backlog.
The company recently announced that its remaining commercial cloud performance obligations have increased to approximately $625 billion, with approximately…
