Oracle’s stock falls for the fifth day in a row — missing out on the AI bounce Dow clinches its worst September start since 2008 as history repeats itself Oracle’s stock falls for the fifth day in a row — missing out on the AI bounce Chip stocks linked to OpenAI rebounded a bit on Tuesday, but Oracle shares extended their losses Shares of Oracle were down 2% on Tuesday. e’s stock has been known to move in step with the ups and downs of OpenAI’s news cycle —and that drove it to its fifth straight drop on Tuesday. Shares of companies that sell products or services to OpenAI broadly fell on Monday after its leaders and those of other prominent AI companies called for more responsible model development. But as chip stocks rebounded on Tuesday, Oracle’s stock was down another 3.1%.
It has lost 13.6% over the past five trading days. Oracle is tightly linked to OpenAI’s fate, having taken on debt to help fund a massive expansion in cloud capacity that’s meant support the ChatGPT creator’s growth ambitions. And there’s been a lot of news in the world of OpenAI lately, including recent comments from CEO Sam Altman, who told Fortune that the company won’t be targeting an initial public offering this year given the safety backdrop.
Video 91/1 Skip Ad Continue watching after the adVisit Advertiser websiteGO TO PAGE What to look for in the next wave of IPOs, after SpaceX made historySee All Videos What to look for in the next wave of IPOs, after SpaceX made history Play video: What to look for in the next wave of IPOs, after SpaceX made history **Read more:**The murky AI milestone that has some of the industry’s leading voices increasingly on edge Patrick Walravens, head of technology research at Citizens, told MarketWatch that some investors are worried that recent discussions about “pacing the frontier” of AI development — referring to a recent call by Anthropic CEO Dario Amodei to slow down AI development — could lead to more measured spending by frontier labs including OpenAI and Anthropic. Don’t Short Yourself offers weekly money tips to help you earn it, stack it and grow it. I agree to the Terms of Use, Privacy Notice and Cookie Notice.
I would like to receive updates and special offers from Dow Jones and affiliates. I can unsubscribe at any time. He also noted that investors may be concerned about possible government regulation of AI, which could also slow spending.
Oracle occupies a unique position, according to D.A. The company has the “backlog” of a hyperscaler, or a large cloud provider, but the risk profile of a neocloud, or a new-age cloud company purpose-built for AI computing needs. At the end of the August quarter, Oracle reported total remaining performance obligations — a proxy for backlog — of $664 billion.
FactSet also shows the company with $88 billion of net debt. Shares of Nebius Group **See also:**Building U.S. data centers is getting so expensive that AI companies are moving overseas Copyright ©2026 MarketWatch, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Is the shingles vaccine the secret to living longer and delaying dementia?
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