CNBC Daily Open: Concerns over Oracle's debt spill over into its projects

Core Viewpoint - Investor apprehension surrounding Oracle has led to a significant decline in its stock price, which has fallen nearly 50% from its all-time high on September 10, and is now affecting its projects [1] Group 1: Stock Performance and Market Impact - Oracle's shares fell 5.4% on Wednesday, contributing to month-to-date losses exceeding 11% [2] - The decline in Oracle's stock has negatively impacted related companies, including Broadcom, Nvidia, and Advanced Micro Devices [2] - Major U.S. indexes also experienced declines, with the S&P 500 retreating 1.16%, the Dow Jones Industrial Average dropping 0.47%, and the Nasdaq Composite losing 1.81% [3] Group 2: Project Concerns and Investor Sentiment - Blue Owl Capital withdrew from Oracle's $10 billion data center project due to unfavorable debt terms, raising concerns about Oracle's high level of debt [1] - There are worries that Oracle may delay the completion of data centers for OpenAI, although the cloud company has denied these reports [2] - Analysts at Bank of America suggest that despite recent pullbacks in AI stocks, the AI trade may still have potential until 2026, while cautioning that rising shares do not preclude the formation of a bubble [3][4]