Oracle Stock Is Selling Off on Its Massive AI Spending Plans. Here's Who Gets Paid When Oracle Spends.

Oracle's stock fell 8.5% after reporting fiscal 2026 capital expenditures of $55.7 billion, exceeding its $50 billion forecast, with plans to spend ~$70 billion in fiscal 2027. While Oracle's revenue and cloud growth remain strong, investors are concerned about the massive spending. However, suppliers like Nvidia, AMD, and Dell are positioned to benefit directly from Oracle's infrastructure build-out.