Oracle stock sinks, on track for worst loss since early 2000s as AI costs jump past Wall Street estimates
甲骨文甲骨文(US:ORCL) Yahoo Finance·2025-12-10 04:04

Oracle (ORCL) stock fell as much as 15% Thursday after the tech firm's quarterly AI costs rose ahead of Wall Street's expectations and its revenue fell short. Oracle reported capital expenditures of 12billionforitsfiscalsecondquarterafterthebellWednesday,upfromabout12 billion for its fiscal second quarter after the bell Wednesday, up from about 4 billion the previous year and the roughly 8billionprojectedbyanalyststrackedbyBloomberg.TheAIcloudplayeralsohikeditsguidanceforfullyearcapitalexpendituresto8 billion projected by analysts tracked by Bloomberg. The AI cloud player also hiked its guidance for full year capital expenditures to 50 billion from its prior $35 billion estimate ...