Oracle(US:ORCL) Xin Hua She·2025-12-12 12:40Group 1 - The core point of the article highlights that Oracle Corporation experienced its largest single-day stock drop in nearly 11 months, with a nearly 11% decline on December 11, attributed to slower-than-expected conversion of increased spending on AI data centers into cloud revenue [1] - Oracle's stock price closed at $198.85 per share, marking a 40% decline since reaching an all-time high on September 10 [1] - A measure of Oracle's credit risk reached a 16-year high, indicating growing concerns among investors [1] Group 2 - In the second fiscal quarter, Oracle's capital expenditure for data centers reached approximately $12 billion, up from $8.5 billion in the previous quarter, exceeding analyst expectations of $8.25 billion [1] - Oracle executives projected that capital expenditures for data centers would total around $50 billion for the fiscal year ending in May 2026, an increase of $15 billion from previous forecasts [1] - The company's free cash flow fell to negative $10 billion, with total debt reported at approximately $106 billion [1] Group 3 - Oracle's total revenue for the second fiscal quarter grew by 14% to $16.1 billion, with cloud software application revenue increasing by 11% to $3.9 billion [1] - The significant drop in stock price also resulted in a $24.9 billion decrease in the net worth of co-founder Larry Ellison [2]