{
  "id": 18191745,
  "title": "Stock Market Today, Nov. 4: Oracle Falls on Canceled $7 Billion Tencent Chip-Leasing Deal",
  "url": "https://urgent.news/2026/11/04/stock-market-today-nov-4-oracle-falls-on-canceled-7-billion-tencent",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T22:00:02.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/stock-market-today/2026/11/04/stock-market-today-nov-4-oracle-falls-on-canceled-7-billion-tencent-chip-leasing-deal/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Oracle, a leading enterprise cloud software and AI infrastructure company, experienced a decline in its stock price on November 4 due to the cancellation of a significant deal with Tencent and renewed focus on its AI funding plans. The company's shares fell to $123.77, marking a 1.92% decrease from the previous close. Pre-market trading saw a surge in trading volume, with 111.4 million shares exchanged, nearly tripling the three-month average of 32.7 million shares. The broader market also saw gains on November 4, with the S&P 500 (+1.58%) closing at 7,689 and the Nasdaq Composite (+1.44%) reaching 25,737. While competitors such as Microsoft and SAP saw positive movements, Oracle's relative weakness drew attention. The company's relative weakness was attributed to the loss of the $7 billion Tencent chip-leasing deal and renewed focus on its AI funding plans. However, Oracle has shown resilience, having completed a $20 billion stock and debt offering, which seems to have provided a cushion against the market downturn. The company has a plan to limit additional capital-market funding to $20 billion through fiscal 2030, indicating a commitment to maintaining a manageable debt burden. While Oracle's stock currently trades near a 52-week low, its ability to raise funds and adhere to its debt management strategy may help restore investor confidence in the coming years.",
  "summary": "On Nov. 4, 2026, Oracle shares slid in premarket trading as reports of a scrapped Tencent deal renewed focus on how it funds its AI buildout.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}