Why did ORCL move on Jun 10, 2026?

Oracle’s stock fell 10% after the close on June 10, 2026, despite reporting a record fiscal fourth-quarter beat with non-GAAP EPS of $2.11 (vs. $1.96 expected) and revenue of $19.18 billion. The sharp decline was triggered by investor anxiety over flat fiscal year 2027 revenue guidance of $90 billion, which analysts called disappointing. Additionally, concerns mounted over Oracle's massive capital expenditure plans—which reached $55.7 billion in fiscal 2026—and the company's intention to raise another $40 billion in debt and equity to fund its artificial intelligence infrastructure buildout.