Oracle News.

One New Zealand partnered with Rimini Street to stabilize its Oracle estate, including Siebel CRM and Oracle Database. The deal frees up investment and talent for AI and modernization initiatives. Rimini Street provides third-party support and interoperability solutions for the telco's mission-critical systems.

Oracle ended Premier Support for Fusion Middleware 12c Release 2 in December 2026, with Extended Support ending December 2027. A Market Driven Support program will be offered yearly beyond 2027, but details remain undisclosed. Customers face an unusually short one-year Extended Support window, prompting urgent migration planning.

Gary Marcus warns that a weak OpenAI IPO could cascade through the AI supply chain, hitting Nvidia, Oracle, and CoreWeave. OpenAI burns $3.7 billion per quarter and does not expect positive cash flow until 2030. CoreWeave derives significant revenue from OpenAI workloads, much routed through Microsoft.

Oracle called reports that a Microsoft cloud deal had collapsed "inaccurate," stating Microsoft remains an OCI customer and partner. Business Insider had reported the deal, potentially worth over $3 billion, faced security and compliance concerns. Oracle emphasized a collaborative partnership and ongoing discussions about expanding their work together.

A reported $3bn-plus deal for Microsoft to lease Oracle cloud capacity fell apart because Oracle's public cloud lacked FedRAMP, a US government security framework Oracle was unwilling to add. Oracle calls the report inaccurate. The collapse highlights compliance as a deal-breaker in the AI build-out.

Oracle released its June 2026 Critical Security Patch Update, fixing 245 vulnerabilities across Communications, EBS, Enterprise Manager, and other products. This marks the second monthly security update from the company.

Oracle carries a massive debt load that poses a significant financial risk. The company's high leverage could constrain future investments and make it vulnerable to economic downturns. Investors should monitor Oracle's ability to service its debt obligations.

Oracle added new AI capabilities to its OPERA Cloud platform to supercharge hotel operations. The company announced the update aims to streamline tasks for hotel staff. The features focus on improving efficiency across various operational areas within the hospitality management system.

Oracle's Project Jupiter data center in rural Doña Ana County, New Mexico, raises concerns over water usage in a desert area with dropping groundwater levels. Oracle calls the 11 million gallon one-time fill 'negligible,' but residents worry about draining scarce resources amid a Supreme Court mandate to cut groundwater consumption by 5.9 billion gallons yearly.

Oracle reports 47% year-over-year cloud revenue growth to $9.9 billion, with cloud infrastructure up 93% to $5.8 billion. Cloud computing backlog surges 363% to $638 billion, driven by customer prepaid GPU purchases. Adjusted EPS rises 20% to $2.03, exceeding analyst consensus. Stock dips 5% on results despite strong growth and 73.55% gross margin.

Oracle shares fell 8.53% on June 11 after the company announced plans to raise more money for AI buildout. The drop came despite fiscal fourth-quarter results that beat estimates, with adjusted earnings of $2.03 per share and revenue of $19.18 billion. Oracle maintained its fiscal 2027 revenue guidance of $90 billion.

Oracle's AI data centers use RDMA networking and automation to process 131,000+ Nvidia and AMD GPUs faster and cheaper than rivals. The company's $638 billion AI order backlog faces risk from customer defaults. Oracle stock dropped 44% from peak amid investor caution despite its lead in AI training infrastructure.

Oracle shares fell over 12% after disclosing plans to raise $40 billion through debt and equity financing, with only $20 billion previously announced. Free cash flow was negative at a $23.7 billion burn despite record Q4 revenue of $67.4 billion and EPS up 34% to $5.83. The sell-off mirrors Broadcom's recent drop after strong earnings missed Wall Street's high bar.

Oracle stock is falling as the company spends aggressively to build AI infrastructure. The video discussing the decline and whether it presents a buying opportunity was published on June 12, 2026, using afternoon prices from June 10, 2026. Oracle shares traded at $184.00.