By Nick Farrell
Publication Date: 2025-11-14 08:48:00
High debt unsettles investors who are already nervous about escalating AI spending
Oracle has taken a huge hit as tech stocks and bonds slumped, landing far harder than its Big Tech peers thanks to its colossal borrowing to get into the AI circus, which has sent a severe shake up to Wall Street’s cocaine nose jobs.
The US company founded by Larry Ellison plunged into the AI arena, pledging to spend hundreds of billions of dollars on chips and data centers to power deals with OpenAI, the developer of ChatGPT.
The speed and sheer scale of this outage has investors worried at a time when everyone is paying close attention to hyperscalers and their sprawling server farms.
Oracle shares have plunged nearly 30 percent in the last month, nearly twice the decline of second-worst hyperscaler Meta.
The bankruptcy wiped out more than $250 billion in profits the Texas company boasted about its OpenAI deals in September. A Financial Times tracker shows its…
