甲骨文这份消极的财报数据瞬间引发华尔街热议，尽管non-GAAP基准下的每股收益大幅超预期、5230 亿美元云计算订单积压创新高，但真实利润被27亿美元一次性收益拔高，且核心业务利润率与现金流承 压。 周四，甲骨文(ORCL.US)盘前大跌超13%，报193.84美元。消息面上，在截至11月30日的第二财季，该 公司总营收增长14%至161亿美元，与市场平均预期基本持平。剔除特定项目的每股收益为2.26美元， 超出市场平均预期。其中，云计算销售额增长34%至79.8亿美元，备受关注的基础设施业务收入增长 68%至40.8亿美元，这两项数据均略低于分析师预期。公司表示，利润增长受益于出售对芯片制造商 Ampere Computing的持股，该交易在当期产生27亿美元税前收益。根据周三发布的声明，截至11月30日 的季度，衡量订单规模的"剩余履约义务"指标飙升至5230亿美元，增幅超过五倍。 甲骨文云计算订单增长难掩实际利润转化焦虑，并且云业务增速不及预期，资本开支暴涨导致自由现金 流转负，这一系列负面因素导致甲骨文财报后股价急跌，瑞银、美国银行选择在财报公布后火速下调甲 骨文目标价，大摩则将甲骨文的股票评级置于 ...

Core Insights - Oracle has been recognized as a Leader in the IDC MarketScape: Worldwide Utility Meter Data Management Systems 2025 Vendor Assessment for its ability to provide clean meter data to utilities [1][2] - The company's dynamic data handling and innovation in AI and automation enhance decision-making speed and accuracy for its clients [2] Company Overview - Oracle's Utilities Customer Platform integrates metering, billing, sales, service, engagement, and analytics, significantly reducing modernization costs and complexity [3] - The platform offers MDM as a standalone product or as part of the Oracle Utilities Customer Platform, available in cloud or on-premises options [3] Technological Advancements - Oracle's MDM solution processes billions of smart meter readings daily, utilizing advanced Validation Editing and Estimation (VEE) engines enhanced with machine learning for anomaly detection [5] - The introduction of in-memory processing allows for approximately 70% faster meter data processing and reduces storage requirements [5] Market Presence - Oracle's MDM is operational at over 100 utility customers, managing more than 115 million meters across 30 countries [6] - The solution transforms billions of meter reads into operational intelligence daily, showcasing cloud-native elasticity [6] Strategic Importance - The IDC MarketScape emphasizes the importance of viewing meter data management as a strategic enabler for utilities, which can lead to improved operational efficiency and new market opportunities [7] - Clean and reliable meter data is increasingly recognized as a valuable asset in utility operations, especially with the growing role of AI [7]

Yesterday we highlighted Oracle's massive $455 billion cloud backlog and the question of whether infrastructure spending would finally convert to sustainable margin expansion. ...

Stocks may move to the downside in early trading on Thursday, giving back ground after moving mostly higher over the course previous session. The major index futures are currently pointing to a lower open for the , with the S&P 500 futures down by 0.4 percent.A steep drop by shares of Oracle (ORCL) is likely to weigh on Wall Street, as the software giant is plunging by 13.1 percent in pre-market trading.The slump by Oracle comes after the company reported fiscal second quarter earnings that exceeded analys ...

Core Viewpoint - Several financial institutions have lowered their target prices for Oracle Corporation, indicating a bearish outlook on the company's stock performance. Group 1: Target Price Adjustments - Royal Bank of Canada has reduced Oracle's target price from $310 to $250 [1] - Scotiabank has decreased Oracle's target price from $360 to $260 [1] - Piper Sandler has lowered Oracle's target price from $380 to $290 [1]

Group 1 - The core viewpoint of the news is that U.S. tech stocks are experiencing a significant pre-market decline, particularly Oracle, which is down nearly 13% due to disappointing financial results [1][2] - Oracle's second fiscal quarter results show that both revenue and cloud business income fell short of market expectations, with a quarterly free cash flow (FCF) of -$10 billion [2] - The company's projected annual capital expenditures are expected to exceed previous estimates by approximately $15 billion [2] Group 2 - The five-year credit default swap (CDS) for Oracle has risen to its highest level since 2009, indicating increased credit risk [2] - Other major tech stocks such as NVIDIA, AMD, Intel, Amazon, and Microsoft also experienced declines, with NVIDIA down over 1% and Intel nearly 1% [1][2] - The overall trend in the tech sector reflects a broader market concern, as multiple companies are facing downward pressure in their stock prices [1]

出品丨21财经客户端 21世纪经济报道 SFC 白银突破62美元又创新高，年内大涨近120% 中国高校第一城，大学生逼近170万人 21君荐读 | 名称 BB E | 现价 | 涨跌幅 ▶ | | --- | --- | --- | | 甲骨文(ORACLE) | 223.010 | 0.67% | | us ORCL | 194.250 | -12.90% 盘前 | | 英伟达(NVIDIA) | 183.780 | -0.64% | | US NVDA | 181.430 | -1.28% 盘前 | | 超威半导体(AMD) | 221.420 | -0.09% | | US AMD | 218.800 | -1.18% 盘前 | | 脸书(META PLATFOR | 650.130 | -1.04% | | US META | 646.500 | -0.56% 盘前 | | 特斯拉(TESLA) | 451.450 | 1.41% | | US TSLA | 448.780 | -0.59% 盘前 | | 微软(MICROSOFT) | 478.560 | -2.74% | | us MSFT | 4 ...

All right, let's get your take on Oracle earnings kind of dragging down the whole AI ecosystem right now. What was the big issue here. Uh they did increase their capex spending.They didn't necessarily clarify how they're doing all the funding, but the the the RPO and that's something you and I have talked about a lot. It surged even higher now over half a trillion dollars. >> I mean, I thought the I thought the quarter was actually quite good in terms of earnings were in line.the RPOS were upund 438% year-o ...

Oracle - Oracle reported adjusted earnings of $2.26 per share, exceeding the consensus estimate of $1.64, while revenue increased by 14% to $16.06 billion, slightly below expectations [3] - Cloud revenue, which includes infrastructure and applications, rose by 36% to $8 billion, narrowly missing estimates; infrastructure revenue surged by 66% to $4.1 billion, while application revenue grew by 11% to $3.9 billion [3] - A key metric, remaining performance obligations (RPO), surged by 438% to $523 billion, driven by new commitments from major clients like Meta and NVIDIA [4] - Oracle recorded a $2.7 billion pre-tax gain from selling its stake in Ampere, which contributed positively to both GAAP and non-GAAP EPS [5] - The company is shifting towards "chip neutrality," indicating a strategy to work with various CPU and GPU suppliers while continuing to purchase Nvidia GPUs [5] - Analysts noted that Oracle's revenue miss raises concerns about margin compression as revenue growth may slow down [6] SpaceX - Elon Musk confirmed that SpaceX is preparing for a potential IPO, which could occur as early as mid-2026, targeting a valuation between $1 trillion and $1.5 trillion [6][7] - The IPO is expected to support over $30 billion in capital needs for AI-driven projects, including space-based data centers and lunar satellite factories [7] - Musk emphasized that SpaceX has been cash-flow positive for years and primarily uses buybacks for liquidity, with valuation tied to progress on Starlink and Starship [8] Meta - Internal conflicts are emerging within Meta Platforms between the new superintelligence group led by Alexandr Wang and long-standing executives, including product chief Chris Cox and CTO Andrew Bosworth [9][10] - Wang advocates for prioritizing advancements in AI to catch up with competitors like OpenAI and Google, while other executives focus on integrating AI into existing products [11] - Disputes have arisen over resource allocation, with competing teams vying for computing resources to either enhance social media ranking or train AI models [12] - Reports indicate a request for a $2 billion budget cut from Reality Labs to support Wang's team, although Meta's spokesperson disputed this characterization [13]

So, we're hearing one of the co-CEOs say they're going to need to borrow less money than previously thought. At the same time, they're raising their capbacks. How why do you think the street's reacting to that so strongly.Is it the spending or is this like the lack of clarity about the financing. I >> I think that there is just a lot of concern here about where that revenue is supposed to come from. Um, I don't think that there is a lot of certainty that that OpenAI can do what they say they're going to do ...