Whalesbook
Oracle's stock experienced a dramatic surge followed by a significant decline, erasing all recent gains. This volatility is linked to substantial investments in artificial intelligence infrastructure and a massive revenue backlog, much of which reportedly stems from a deal with OpenAI. The company's debt has now exceeded $100 billion, prompting concerns from credit rating agencies and analysts about its financial stability and reliance on key clients. Oracle needs to borrow billions more to fund its AI ambitions and meet financial commitments.