Oracle Stock Plummets 11% Post-Q2, ₹6 Trillion Lost; Indian IT Braces for Impact

• Oracle's stock fell 11% after Q2 FY26 results, losing $70-80 billion due to a revenue miss and concerns over its funding model and heavy debt.
• The company's revenue of $16.06 billion missed market expectations, and software revenue declined by 3%.
• Despite a record AI deal backlog (RPO up 438%), market concerns persist regarding Oracle's ability to fund AI infrastructure and its increasing debt.
• The stock crash is expected to impact Indian IT companies, potentially causing sentiment pressure and delays in client budgets.
• Indian IT firms focused on high-end cloud infrastructure and AI solutions may still benefit from strong AI demand.

Why It Matters: Oracle's stock plunge warns of global tech spending shifts, impacting Indian IT companies.