Oracle (ORCL) stock declined 1.83% to $194.75 as investor concerns over liquidity intensified following the collapse of a crucial $10 billion data center financing deal. The withdrawal by Blue Owl Capital highlighted fears regarding the company's rising debt-to-equity ratios and significant capital commitments.
- The stock has dropped approximately 23% in December alone, driven by company-specific financing challenges despite broader market gains.
- The financing failure exposed a perceived immediate $10 billion quarterly cash deficit and triggered a temporary spike in credit default swaps.
- Despite reporting a record $523 billion Remaining Performance Obligation (RPO) backlog, the market is prioritizing the company's substantial $50 billion annual CapEx commitment.