Oracle beats fiscal Q4 estimates, raises outlook as shares drop after hours

Oracle reported fiscal fourth-quarter revenue and adjusted earnings above analysts’ expectations after the U.S. market close on June 10, raised its full-year profit outlook and maintained its fiscal 2027 revenue target. Despite the beat, Oracle shares fell in extended trading and were down more than 10% in premarket trading as investors assessed heavier-than-expected AI infrastructure spending, pressure on free cash flow, revenue timing, near-term margins and a higher-than-expected fiscal 2027 capital expenditure plan. One report also said Oracle was considering raising about $20 billion, while another said concerns about rising debt and broader risk aversion weighed on technology stocks and spilled into crypto markets.

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