Nov 3, 2026

Oracle stock fell 8.8% on Mon, Nov 2 after a $20 billion stock and bond sale

Oracle stock fell 8.8% on Mon, Nov 2 after it filed to sell $10 billion of common stock and $10 billion of senior notes to fund its AI and cloud buildout. The S&P 500 fell 0.5% and the Nasdaq fell 1.1%.

Sir Toastimir

Footage: Oracle, NYSE

Not financial advice. This is a news recap, not a recommendation to buy or sell any stock.

Oracle stock fell 8.8% to $119.22 on Monday, November 2, down from $130.67 on Friday. The drop erased about $35 billion in market value, based on the 3.02 billion shares Oracle reported in its latest quarterly filing.

The market on Monday

The S&P 500 fell 0.5% to 7,541.40 and the Nasdaq Composite fell 1.1% to 25,164.32. The Dow rose 0.4% to 51,983.98.

Why Oracle fell

Oracle filed with the SEC to sell $10 billion of common stock and $10 billion of senior notes, $20 billion in total. It said the money is for general corporate purposes, which may include capital expenditures and repaying debt. CNBC and Yahoo Finance tied the drop to the raise, which helps pay for Oracle's AI and cloud data center buildout.

At its Investor Day on Wednesday, October 28, Oracle said it would limit new funding raised in the capital markets through fiscal 2030 to about $20 billion, roughly $10 billion of equity and $10 billion of debt. Monday's filings use that full amount.

Debt and ratings

Oracle had about $125 billion in notes payable and other borrowings as of August 31. Fitch kept Oracle's BBB rating, and Moody's affirmed its rating with a negative outlook.

The Investor Day jump is gone

Oracle closed at $130.53 on Tuesday, October 27, then jumped 10.7% on Investor Day. Monday's close of $119.22 is below that pre-Investor Day level.

Footage in the video

Clips are from Oracle's official YouTube recaps of its AI World event, and the NYSE closing bell. Links are below.

Links

Source: Oracle prospectus supplement (SEC 424B2)Source: CNBC: Oracle files to sell $20 billion in new stock, bonds to finance AI buildout Source: Oracle: Investor Day 2026 Source: CNBC: Oracle Investor Day forecast through 2030 Source: Yahoo Finance: Oracle stock slides as it borrows another $10 billion for AI spending Source: Oracle 10-Q for the quarter ended Aug 31, 2026 (SEC)Source: AP: US stock market report, Nov 2 Source: Footage: Oracle AI World recap (YouTube)Source: Footage: Oracle AI World recap (YouTube)Source: Footage: NYSE closing bell, Valvoline

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