ORCL · News · 20260930N

AI Infrastructure Investment

ORACLE CORP · 2026-09-30 · Importance 71 · Surprise 60

Oracle reportedly spent $28.5 billion on capital expenditures in the latest quarter, exceeding reported quarterly revenue of $19.3 billion. The AI infrastructure buildout is being funded through debt, customer prepayments, and stock sales, contributing to negative free cash flow and investor concern about financing capacity. S&P Global reportedly downgraded Oracle amid the spending and leverage concerns, while rising bond yields have increased the cost of funding the expansion.