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Today's Brief/Thursday, 11 June 2026/๐Ÿ“ˆ Stocks & Economy
๐Ÿ“ˆ Stocks & Economy๐ŸŒ Global

Oracle Stock Drops After Earnings โ€” Wall Street Spooked by Soaring AI Costs

MarketWatchยทThursday, 11 June 2026

Oracle beat earnings expectations and grew its contract pipeline to $638 billion, but its stock still slid after the results. Investors are worried about the rising cost of building and running AI infrastructure. Wall Street is questioning whether the spending is worth it.

Why It Matters

Oracle's results matter because they give a signal about whether the massive global bet on AI is actually paying off โ€” or burning cash faster than it earns.

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