🔴 ORCL is trading 4.5% down today after Q2 earnings miss and higher AI capex

ORCL is trading at $189.83 (-4.54%), extending yesterday's 11% plunge following Q2 FY26 earnings that revealed a revenue miss, weak RPO, and a $15B capex hike for AI data centers.

• The total capital expenditure commitment for AI data centers has increased to $50B.
• Investors worry about profitability amid rising debt and project delays, including OpenAI projects pushed back to 2028.
• The decline aligns with broader tech sector weakness, exacerbated by recent margin warnings from Broadcom.