Oracle Stock (ORCL) Slides on AI Data Center Funding Jitters: Latest News, Analyst Forecasts, and Key Catalysts on Dec. 18, 2025
Oracle shares fell about 5.4% to $178.46 by 13:17 UTC on December 18, 2025, after reports raised new questions about financing for its $10 billion Michigan AI data center project with OpenAI. Oracle confirmed talks for an equity deal are ongoing but said Blue Owl Capital is not involved, following reports of stalled negotiations. Investors cited concerns over funding structures, execution timelines, and rising capital spending.