Shares of Oracle (ORCL) tumbled 8.53% on June 11 as investors are concerned about the company’s plans to raise more money to fund its AI buildout, overshadowing better-than-expected fiscal fourth-quarter results and a higher profit outlook announced a day earlier.

On June 10, the 49-year-old cloud and database software giant reported adjusted earnings of $2.03 per share, topping analysts’ estimates of $1.96 per share. Revenue rose 21% year over year to $19.18 billion, slightly ahead of the $19.10 billion expected by analysts.

Oracle maintained its fiscal 2027 revenue guidance of $90 billion and raised its adjusted earnings per share forecast to $8.05. Wall Street was expecting earnings of $8.01 per share and revenue of $88.9…