Oracle(US:ORCL) Globenewswire·2026-01-27 17:48Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by Oracle Corporation and its officers or directors, following significant stock price declines related to financial disclosures and debt financing plans [1]. Group 1: Financial Developments - On September 10, 2025, Oracle announced a $300 billion, five-year cloud computing contract with OpenAI to supply computing power [3]. - On November 13, 2025, Oracle sought to raise an additional $38 billion in debt to fund its AI initiatives, which included the construction of two data centers to support the Oracle-OpenAI agreement [3]. - Following the debt announcement, Oracle's stock price dropped by $9.42 per share, or 4.15%, closing at $217.57 on November 13, 2025 [3]. - During a December 10, 2025 earnings call, Oracle's Executive Vice President disclosed an expected increase in fiscal 2026 capital expenditures by $15 billion compared to previous forecasts [4]. - This announcement led to a further decline in Oracle's stock price by $24.16 per share, or 10.83%, closing at $198.85 on December 11, 2025 [4]. Group 2: Legal Investigation - Pomerantz LLP is actively investigating claims on behalf of Oracle investors regarding potential securities fraud or other unlawful practices by the company and its executives [1].