Oracle Corporation (ORCL) stock hits a new 52-week low on Thursday. Investors weigh massive AI infrastructure spending and cash burn against cloud gains.

Oracle stock has dropped over 25% YTD as $56 billion in AI capex drives negative free cash flow and pushes debt to $130 billion, rattling tech investors.

Oracle shares slip as IBM's disappointing preliminary earnings pressure enterprise software stocks despite Oracle unveiling new AI capabilities.