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🚀 $ORCL — AI DEMAND IS TURNING INTO REAL REVENUE
Oracle just delivered a very interesting AI/cloud quarter.
Revenue rose 30% YoY to $19.3B, while cloud infrastructure revenue jumped 121%. Oracle also signed more than $30B in new AI cloud contracts.
That's why I’m not looking at AI as only a chip story.
The infrastructure race is spreading.
My AI watchlist:
$NVDA $AMD
The biggest winners may not always be the companies building the AI models.
Sometimes they are the companies selling the infrastructure underneath them. 👀
#OracleQ1EarningsBeat #USBankCompletesCrossBorderPaymentPilotOnStellar #EtherRalliesAsBearishBetsLiquidate #OpticalCommsStocksRallyOver3% #USInflationHoldsAt3.4%InAugust
🚀 $ORCL — AI DEMAND IS TURNING INTO REAL REVENUE
Oracle just delivered a very interesting AI/cloud quarter.
Revenue rose 30% YoY to $19.3B, while cloud infrastructure revenue jumped 121%. Oracle also signed more than $30B in new AI cloud contracts.
That's why I’m not looking at AI as only a chip story.
The infrastructure race is spreading.
My AI watchlist:
$NVDA $AMD
The biggest winners may not always be the companies building the AI models.
Sometimes they are the companies selling the infrastructure underneath them. 👀
#OracleQ1EarningsBeat #USBankCompletesCrossBorderPaymentPilotOnStellar #EtherRalliesAsBearishBetsLiquidate #OpticalCommsStocksRallyOver3% #USInflationHoldsAt3.4%InAugust
Oracle just delivered a very interesting AI/cloud quarter.
Revenue rose 30% YoY to $19.3B, while cloud infrastructure revenue jumped 121%. Oracle also signed more than $30B in new AI cloud contracts.
That's why I’m not looking at AI as only a chip story.
The infrastructure race is spreading.
My AI watchlist:
$NVDA $AMD
The biggest winners may not always be the companies building the AI models.
Sometimes they are the companies selling the infrastructure underneath them. 👀
#OracleQ1EarningsBeat #USBankCompletesCrossBorderPaymentPilotOnStellar #EtherRalliesAsBearishBetsLiquidate #OpticalCommsStocksRallyOver3% #USInflationHoldsAt3.4%InAugust
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