Oracle Stock (ORCL) Slides as AI Spending, Debt and $248B Lease Commitments Dominate the Conversation (Dec. 16, 2025)
Oracle shares hovered near $185 in early Tuesday trading, extending losses after the company raised its fiscal 2026 capital expenditure forecast by $15 billion and disclosed $248 billion in new lease commitments. Five-year credit default swaps jumped to 139 basis points, signaling investor concern over Oracle’s ability to fund massive AI-cloud expansion while carrying over $100 billion in debt.