What's Going on With Oracle Stock Monday?

Oracle Corp. (NYSE: ORCL ) stock rose more than 2% in Monday’s premarket session as investors returned to the stock after a steep, debt-driven sell-off, while broader market sentiment also improved. Nasdaq futures gained 1.20%, and S&P 500 futures advanced 0.47%. Oracle Backlog Support Market Rebound Oracle’s rebound follows weeks of heavy selling sparked by concerns over its aggressive investment in artificial intelligence infrastructure. The stock is down 28.03% year to date after investors questioned the sustainability of its debt-funded capital spending, negative free cash flow and plans to raise up to $40 billion in financing. However, some investors now appear to view the sell-off as excessive. Oracle’s $638 billion remaining performance obligation (RPO) backlog continues to provide strong long-term revenue visibility, reinforcing confidence that its AI investm...