ORCL at $183.65 (-0.69%) in after-hours trading amid post-earnings selloff

Oracle (ORCL) shares dropped 2.66% following mixed Q2 FY2026 earnings, where an EPS beat was overshadowed by a revenue miss and concerns regarding a massive $12B capital expenditure surge, which raised debt and AI sustainability worries.

• The $12B capital expenditure represented a 200% year-over-year increase, exceeding analyst expectations by 50%.
• Remaining Performance Obligations (RPO) grew robustly to $523B (+15% sequentially), signaling strong underlying cloud demand despite immediate spending concerns.
• The stock experienced a weekly plunge of over 15% amid broader AI sector fears, trading lower after hours at $183.65 (-0.69%).