Oracle Corp (NYSE:ORCL) stock moved higher Monday as investors bought the stock despite ongoing concerns about the company’s debt-funded AI data-center expansion.
The stock remains down 40.71% over the past 12 months.
Oracle Attempts Rebound Amid Credit Concerns The stock rose nearly 2% while the S&P 500 gained 0.11%, even as the technology sector slipped 0.05% and market breadth remained slightly negative.
It suggests dip-buyers are returning to Oracle as investors weigh the company’s AI growth opportunity against rising balance-sheet pressure.
Oracle faces renewed scrutiny over how it is funding its rapid AI data-center buildout after S&P Global Ratings downgraded its credit rating in July to BBB-, one notch above speculative grade.
