By Kaustubh Bagalkote
Publication Date: 2026-02-20 18:57:00
Oracle Corp. (NYSE:ORCL) Shares fell on Friday, falling about 5% in a session where the broader band held up relatively well. The Nasdaq Composite is up 0.30% and the S&P 500 is up 0.20%.
OpenAI exposure turns from tailwind to headwind
Oracle has raised tens of billions of dollars to fund capacity, but the market is shifting its focus to the sustainability of externally financed data centers. “Maybe Oracle stock is way ahead of the fundamentals and now the market is saying, OK, show me.” Eric Diton from Asset Alliance said Bloomberg.
Government profits provide limited relief
Technical analysis
Oracle is trading 7.6% below its 20-day simple moving average (SMA) and 31.8% below its 100-day SMA, keeping both the short- and intermediate-term trends to the downside.
Shares have fallen 15.44% over the past 12 months and are currently closer to their 52-week lows than their highs.
- Key resistance: $165.50
- Key support: $135.50
Earnings and analyst outlook
Looking further out, the next thing is…
