Oracle Tumbles After Mixed Results, Capex Comes In Hot; Warns Another $40BN Debt/Equity Capital Raise Coming
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Source: Zero Hedge
Published: 2026-06-11 06:55 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Technology & AI, Economy & Finance, Weather, Financial Markets, Tax & Budget, Business & Economy, Technology
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Snippet:
With tech stocks cracking for a 3rd straight day, and with the broader market closing at the lows in a surprising sign of weakness, many were looking to ORCL to kickstart the AI euphoria which has been oddly missing in recent days (and which send NVDA stock briefly just below the key level of $200).
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