Oracle Hits Fresh 52-Week Low and Credit Rating Cut Amid AI Infrastructure Spending
Oracle (NYSE: ORCL) hit a fresh 52-week low on July 17, trading at $121.50 after S&P Global Ratings downgraded its credit rating to BBB-. The downgrade was driven by Oracle's significant capital expenditures for AI infrastructure build-out and negative free cash flow of -$23.7 billion in fiscal 2026.
Topics: AI infrastructure spending capital expenditures credit downgrade Oracle