Oracle stock spikes 12% as strong Q3 earnings answer Wall Street AI buildout concerns

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Oracle

shares rose 12% Wednesday after the company posted robust third-quarter earnings and assured analysts that the company does not plan to raise any additional debt in 2026 beyond what was already announced.

“Investing in AI infrastructure is capital-intensive, but our operating model is optimized to ensure profitability,” CEO Clayton Magouyrk said on the company’s earnings call Tuesday.

The hyperscaler has drawn skepticism for the financing measures funding its data center construction.

Oracle stock spikes 12% as strong Q3 earnings answer Wall Street AI buildout concerns

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