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Oracle Stock Plummets 30% Amid OpenAI Doubts

12/26/2025

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Summary

Story summary

Oracle Corp. stock has fallen 30% this quarter, its steepest drop since 2001.
Investors doubt Oracle can expand server farms for OpenAI despite a $300 billion agreement.
Doug Kehring, newly appointed Oracle chief financial officer, announced a $50 billion capital expenditure (capex) plan for 2026.
Analysts warn about heavy reliance on OpenAI and the challenge of preserving investment-grade status amid rising debt, while some remain optimistic about growth.

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Story summary

Oracle Corp. stock has fallen 30% this quarter, its steepest drop since 2001.
Investors doubt Oracle can expand server farms for OpenAI despite a $300 billion agreement.
Doug Kehring, newly appointed Oracle chief financial officer, announced a $50 billion capital expenditure (capex) plan for 2026.
Analysts warn about heavy reliance on OpenAI and the challenge of preserving investment-grade status amid rising debt, while some remain optimistic about growth.