By Alexandra Steigrad
Publication Date: 2025-12-26 15:37:00
Larry Ellison’s Oracle stumbles towards the end of the year and its shares take a hit.
Shares of the technology company are down 30% so far this quarter. CNBC noted on Friday.
There are just four trading days left – and the stock is poised for its biggest decline since the dot-com crisis in 2001.
Wall Street is losing confidence Oracle’s ability to set up new server farms for OpenAIeven after the artificial intelligence giant agreed to spend over $300 billion on the tech company.
Earlier this month, Oracle reported weaker-than-expected quarterly revenue and free cash flow, and in its earnings call, newly appointed finance chief Doug Kehring called for $50 billion in capital expenditures for fiscal 2026 – 43% more than planned in September and twice as much as last year.
In addition, Oracle plans…
