Oracle latest earnings report: OCI revenue surges 121%, new AI contracts exceed $30 billion, RPO hits $664 billion
On the surface, AI demand remains red-hot, but capital expenditures are still running hot and free cash flow is still negative
Combined with recent voices about slowing AI safety efforts and rising U.S. Treasury yields, the market has started to reprice the sustainability of “burning cash for growth”
Near term sentiment may still face pressure……
On the surface, AI demand remains red-hot, but capital expenditures are still running hot and free cash flow is still negative
Combined with recent voices about slowing AI safety efforts and rising U.S. Treasury yields, the market has started to reprice the sustainability of “burning cash for growth”
Near term sentiment may still face pressure……