Oracle beats on earnings, but stock drops on plans to raise another $20 billion

Oracle CEO Clay Magouyrk speaks at a Q&A session after a tour of the OpenAI data center in Abilene, Texas, on Sept. 23, 2025. Shelby Tauber | Reuters Oracle reported better-than-expected earnings and revenue for the fiscal fourth quarter on Wednesday while also raising its profit forecast for the year. The stock dropped 5% in extended trading as the company plans to raise more money to finance its AI buildout. …