Bearish
Oracle's stock drops 56% to $137 amid negative free cash flow and data center issues.
Oracle's stock has fallen 56% to $137 following a report of negative free cash flow of $5.4 billion in Q1 FY27, with capital expenditures of $28.5 billion and total debt of $125.3 billion. Additionally, the company issued a force majeure notice for its New Mexico data center, Project Jupiter, due to regulatory and public approval challenges.
Key points
- Oracle's stock declines 56% to $137 amid negative free cash flow and data center issues.
- Oracle issues force majeure on New Mexico data center, affecting AI stocks.
Sources
AI-generated from public news sources. Not financial advice.
