Oracle shares fell again Monday morning, trading at $145.89 as of 10:14 a.m. EDT, down $2.64, or 1.78%, extending a slide after the stock fell 19% over the five trading sessions last week, marking its steepest weekly decline since a 20% plunge in August 2001. The selloff traces back to Oracle's fiscal fourth-quarter earnings report, released June 10, which beat Wall Street expectations on both earnings and revenue, posting adjusted earnings per share of $2.03 against analyst estimates of $1.96, while revenue climbed 21% year-over-year to $19.18 billion. Cloud revenue surged 47% to nearly $10 billion for the quarter. Despite those beats, shares dropped roughly 10% in extended trading after the company disclosed plans to raise an additional $20 billion through debt and equity financing, bringing its total planned fiscal 2027 financing to around $40 billion. Oracle's capital expenditures jumped 162% in fiscal 2026 to nearly $56 billion, while the company posted negative free cash flow of almost $24 billion. By the end of May, Oracle's total debt stood at roughly $130 billion, and net cash outlays for capital expenditures in fiscal 2027 could reach approximately $70 billion. Oracle's remaining performance obligations stood at roughly $638 billion, with Bank of America analysts noting more than half of that backlog comes from a single customer: OpenAI.