Oracle Corporation shares closed at $136.48 on February 5, 2026. The stock fell for the eighth consecutive session, marking a 25.19% decline. This period represents the company's worst eight-day stretch since May 2002.
A broad software selloff and fears of AI tools disrupting legacy database businesses pressured the stock. Investors also expressed concern over rising debt levels tied to Oracle's aggressive AI cloud infrastructure expansion.
Oracle issued $25 billion in bonds on February 2, 2026. This issuance is part of a $50 billion funding plan to build data centers for clients including OpenAI. Market participants remain skeptical of debt sustainability and revenue conversion despite Oracle's $523 billion backlog.
Shares dropped an additional 2.74% to $132.74 in after-hours trading. The decline mirrors broader tech weakness as peers like Amazon and Alphabet face similar concerns regarding AI capital expenditures.