By Johnny Rice
Publication Date: 2026-01-14 22:37:00
A new lawsuit puts Oracle shares under pressure.
Shares of oracle (ORCL 1.94%) fell on Wednesday, ending the day down 4.3%. The drop came as S&P 500 And Nasdaq Composite also decreased, namely by 0.6% and 1% respectively.
Oracle bondholders are suing the company, claiming the tech giant failed to disclose that it would require tens of billions of dollars in additional debt Building artificial intelligence (AI) infrastructure. for its OpenAI contract.
Today’s change
(-1.94%)$-3.76
Current price
$189.85
Oracle’s massive increase was followed by an even larger increase
Oracle announced a five-year, $300 billion deal in September to provide computing power to OpenAI. Two weeks later, the company raised $18 billion through bonds and notes. Then, just seven weeks after that initial offering, Oracle raised another $38 billion to fund two data centers supporting the same…
