A huge number of Wall Street’s technology stocks have already fallen into bear market territory after losing massive amounts from their record highs.Coinbase (NASDAQ: COIN) has fallen 69% from its all-time high. Oracle (NYSE: ORCL) and Salesforce (NYSE: CRM) have each lost 57%. ServiceNow (NYSE: NOW) is down 56%. Netflix (NASDAQ: NFLX) and Palantir (NASDAQ: PLTR) have both dropped 48%. Microsoft (NASDAQ: MSFT) has declined 37%, Meta Platforms (NASDAQ: META) 32%, Arm Holdings (NASDAQ: ARM) 27%, Broadcom (NASDAQ: AVGO) 26%, Marvell Technology (NASDAQ: MRVL) 20%, Nvidia (NASDAQ: NVDA) and Amazon (NASDAQ: AMZN) 19%, Alphabet (NASDAQ: GOOGL) 17%, CrowdStrike (NASDAQ: CRWD) 15%, Apple (NASDAQ: AAPL) 14%, and Taiwan Semiconductor (NYSE: TSM) 12%.Investors continue dumping technology stocks across global marketsToday, the Nasdaq Composite finished lower for a fifth straight trading day as investors kept pulling money out of technology stocks and putting it into sectors seen as safer.By the closing bell, the Nasdaq Composite had slipped 0.24% to 25,297.62. The S&P 500 eased 0.05% to 7,354.02. The Dow Jones Industrial Average lost 44.51 points, or 0.09%, ending at 51,876.11.For the week however, the S&P 500 gave up almost 2%, the Nasdaq fell 4.6%, and the Dow moved the other way and added 0.6%.Semiconductor stocks also faced another rough session as worries grew over how much money companies are pouring into artificial intelligence infrastructure. Intel (NASDAQ: INTC) fell 3%. Sandisk (NASDAQ: SNDK) dropped 10%. Arm Holdings (NASDAQ: ARM) lost almost 4%. Marvell Technology (NASDAQ: MRVL) declined 5%. Micron Technology (NASDAQ: MU) fell more than 5% one day after jumping on stronger third-quarter earnings.The Magnificent Seven held up better during Friday’s trading. Every member finished higher except Alphabet (NASDAQ: GOOGL) and Nvidia (NASDAQ: NVDA). Even with that performance, every company in the group has fallen at least 8% during June.Apple (NASDAQ: AAPL) gained 3% on Friday. The recovery came one day after the company suffered its biggest daily decline in more than a year following price increases for MacBook and iPad products because of higher chip and component costs.The weakness did not end in America but extended to Europe as well. The stock of ASML Holding (NASDAQ: ASML) declined 2%, that of Infineon Technologies (ETR: IFX) fell by 4%, ASM International (AMS: ASM) by 4%, and that of STMicroelectronics (NYSE: STM) declined by almost 4%. BE Semiconductor Industries (AMS: BESI) declined 2% and the SoftBank Group (TYO: 9984) ended the session more than 5% in the red.In South Korea, the Kospi index declined by 5.81% to 8,411.21, and the Kosdaq declined by 4.10% to 851.37.Selling pressure also reached Greater China. Tencent (HKEX: 0700) moved lower alongside Alibaba (NYSE: BABA), Baidu (NASDAQ: BIDU) and Xiaomi (HKEX: 1810) as the broad decline in technology stocks continued across international markets..Oracle faces growing debt as investors question its AI spendingAmong the biggest stories of the week was Oracle (NYSE: ORCL). The software company recorded its worst week on Wall Street in 25 years.Oracle’s stock dropped 19% during the week and fell at least 2.6% in each of the last five trading sessions. That was the company’s steepest weekly decline since August 2001 during the dot-com crash, when the stock lost 20%.The last nine months have been especially painful for Oracle investors. After reaching a market value of about $900 billion in September on excitement surrounding artificial intelligence customers, the company’s stocks have lost roughly 55% of their value.A major concern is Oracle’s balance sheet. By the end of May, the company carried about $130 billion in debt. Capital spending jumped 162% to almost $56 billion during fiscal 2026 as Oracle expanded its data center network to support artificial intelligence infrastructure, including commitments tied to OpenAI.Oracle is racing to build facilities alongside Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT) and Alphabet (NASDAQ: GOOGL). Unlike those competitors, Oracle does not sell a complete technology platform, leaving investors focused on rising debt levels and lower profit margins.The smartest crypto minds already read our newsletter. Want in? Join them.