Oracle shares plunged over 10% despite beating fiscal fourth-quarter earnings estimates with $2.11 per share. While the company reported $67 billion in infrastructure contracts and a massive $630 billion backlog driven by AI demand, investors reacted negatively to high capital expenditure levels. Management forecasted a 34% revenue jump for fiscal year 2027, yet analysts expressed concerns regarding the sustainability of Oracle's spending and its reliance on debt funding to support its AI build-out.
