Oracle Stock (ORCL) on December 3, 2025: AI Cloud Powerhouse or Overleveraged Risk?
Oracle shares traded near $204.70 on December 3, up about 1–2% but still 35% below September highs after a steep November drop. The company holds a $455 billion AI cloud backlog and faces scrutiny over capital spending and debt ahead of its Q2 fiscal 2026 earnings on December 10. Year-to-date, the stock remains up over 20%.