NEW YORK — Oracle Corp. shares closed down 3.62 percent at $186.83 on Wednesday, May 13, 2026, extending recent weakness as investors continued to scrutinize the software giant's aggressive capital spending on artificial intelligence infrastructure and cloud expansion. The decline of $7.01 per share came despite a modest pre-market rebound, reflecting ongoing unease about profitability, execution risks and broader tech sector rotation.

The move erased additional market value from the company, which has faced significant pressure throughout 2026 amid questions over the returns on its massive AI-related investments. Oracle, long a leader in enterprise databases and now a major player in cloud infrastructure, has poured billions into data centers and GPU capacity to capitalize on surging demand for AI services, but high costs and uncertain near-term margins have unsettled Wall Street.

Volume remained elevated as traders reacted to broader market signals, including mixed performance in big tech and persistent concerns about capital intensity in the AI boom. Pre-market trading Thursday showed a slight recovery to around $188, up about 0.63 percent, as some bargain hunters stepped in.

Key Factors Behind the Decline

Analysts point to several interconnected issues pressuring Oracle stock. First, ongoing skepticism about the company's heavy capital expenditures persists. Oracle........

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