Oracle Stock (ORCL) Today: AI Backlog, Debt Jitters and Q2 FY 2026 Earnings Preview for December 9, 2025
Oracle Corporation (NYSE: ORCL) goes into its next earnings report as one of the most controversial names in big tech: a company sitting on a massive AI cloud backlog and multi‑hundred‑billion‑dollar contracts, but also rising debt, negative free cash flow and growing skepticism in credit and options markets. As of mid‑day on December 9, 2025, Oracle shares trade around $221, up roughly 1–1.5% on the day and more than 35% below their September peak near $346.IG Q2 fiscal 2026 earnings arrive after the close on Wednesday, December 10, with a conference call at 4 p.m. Central Time, according to Oracle’s