Oracle shares plunged 28% last month. Are the fluctuations in AI spending justified?

Oracle shares plunged 28% last month. Are the fluctuations in AI spending justified?

By Joey Frenette
Publication Date: 2025-11-30 17:15:00

It’s been another terrible month for shares of once-hyped AI infrastructure company Oracle (NYSE:ORCL), which fell 28% last month after a 40% peak-to-trough correction. With much of the recent AI decline stemming from fears about what could go wrong if major AI spending doesn’t produce the returns they expect… Oracle stock plunged 28% last month. Are the fluctuations in AI spending justified?