Larry Ellison, Oracle’s co-founder and chief technology officer, makes an appearance at the Formula One British Grand Prix. Oracle is set to release fiscal second-quarter results, with analysts expecting earnings per share of $1.64 and revenue of $16.21 billion. The company faces growing investor concerns over rising debt and risks in the AI market.

Wall Street anticipates Oracle’s revenue to grow by 15% in the quarter, reaching $7.92 billion from cloud revenue and $6.06 billion from software. The company’s stock saw a 23% decline in November, marking its worst performance since 2001. Despite this, shares are up 33% for the year, outperforming the Nasdaq.

Oracle has expanded its business into cloud infrastructure, where it competes with Amazon, Microsoft, and Google for AI contracts. OpenAI has committed to spending over $300 billion on Oracle’s infrastructure services. The company raised $18 billion, leading to concerns among investors about debt repayment and customer concentration.

During the quarter, Oracle appointed Clay Magouyrk and Mike Sicilia as new CEOs, replacing Safra Catz. The company introduced AI agents for finance, human resources, and sales automation. Investors are eager to hear Oracle’s guidance on the results in a conference call at 5 p.m. ET.

Read more at CNBC: Oracle (ORCL) Q2 earnings report 2026