Oracle earnings show positive fundamentals (data center revenue visibility, capped capex) but stock reaction was negative due to sell-the-news dynamics; long-term outlook is cautiously optimistic.

These Oracle earnings might mark a turning point. So, we'll see.

Wow. Oracle actually went negative. That was not on the bingo board. So, that is somewhat surprising. There's still some debt raising that needs to be done, but that's okay.

Oracle keeps a lid on capex as customers pay upfront.

they confirmed on on the call back that you know they have uh line of sight to the 90 billion in revenue in those data centers coming online uh by by the end of the year. I think everything we saw uh was was positive, but uh perhaps it's a bit of a a sell the news event um just just given all the uh uh AI noise that we see out in the market. as we look at Oracle shares roughly flat.

Oracle basically gave up all of its gains. I'm surprised by that.

Oracle gave up a lot of gains.

but I also think that hardware has gotten too cheap for this phase of the cycle. That would benefit the Nvidias, the Broadcoms, the AMDs, the Core Weeaves, um Oracle, even though it's flat after earnings here, SpaceX, these guys all win in this next memorandum of understanding.