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 ...

Core Viewpoint - Oracle's shares dropped nearly 12% in after-hours trading following weaker-than-expected revenue for Q2, attributed to increased spending on AI infrastructure and a lack of clarity on financing plans [1][6]. Financial Performance - Oracle's order backlog surged 438% to $523 billion, driven by new commitments from companies like Meta and Nvidia [2]. - Despite the drop in share price, Oracle's stock is still up 34% year-to-date, although it has experienced significant volatility, with a low of $122 and a recent high of around $328 [10]. Investment Concerns - Investors expressed concerns over Oracle's unclear strategy for financing its capital expenditures, particularly regarding its AI buildout [5][6]. - The company is expected to raise less than $100 billion for its spending plans, a figure that analysts have been monitoring closely [7]. - The broader tech sector is facing pressure as investors grow wary of companies increasing capital expenditures through debt [8]. Market Reactions - Following Oracle's results, shares of Nvidia, AMD, and Coreweave also declined, indicating a ripple effect across the tech industry [2]. - The world's largest sovereign wealth fund has stated it is cautious about investing in data centers due to volatility in the sector [2][3].

格隆汇12月11日｜甲骨文(ORCL.US)第二财季财报未能缓解投资者对其短期前景的担忧，KeyBanc分析 师因此将目标价从350美元下调至300美元。尽管公司剩余履约义务（ RPO）总额突破5000亿美元，但 分析师指出："投资者现在要的是执行力，而不是未来的承诺。"甲骨文云业务的收入和毛利率均未达预 期，进一步加剧了市场对其能否有效兑现庞大订单积压的疑虑。"公司未能实现不久前自己设定的预 期，这让人对其兑现未来承诺的能力产生质疑，"分析师表示。 ...

Group 1: Oracle's Earnings Report - Oracle missed analysts' expectations for revenue, resulting in an 11% drop in shares during extended trading, which also negatively impacted other AI-related stocks like Nvidia and CoreWeave [2] - Despite the revenue miss, Oracle's quarterly earnings per share exceeded Wall Street forecasts, and its remaining performance obligations increased over 400% year-over-year, driven by new commitments from companies such as Meta and Nvidia [3] Group 2: U.S. Oil Tanker Seizure - The U.S. seized a large oil tanker off the coast of Venezuela, identified as the Skipper, which was reportedly en route to Cuba and had been sanctioned for its involvement in an illicit oil shipping network [4] - Following the announcement of the seizure, oil prices experienced a notable increase [4] Group 3: Rivian's AI Initiative - Rivian is hosting its first "Autonomy and AI Day" to showcase its in-house technology for new electric vehicles, as the company seeks to pivot towards artificial intelligence [7] - The move comes amid challenges in Rivian's core EV business, which has not met expectations since its IPO, and the company continues to incur significant annual losses despite cost-cutting efforts [8] Group 4: Coca-Cola Leadership Change - Coca-Cola announced that Henrique Braun will succeed James Quincey as CEO, effective at the end of March, after Quincey's eight-year tenure [9] - Under Quincey's leadership, Coca-Cola has generally outperformed rival Pepsico, although the company faces challenges with cooling demand due to inflationary pressures affecting lower-income consumers [10]

Group 1 - U.S. stock futures are lower, with Nasdaq 100 futures down approximately 150 points [1] - Oxford Industries, Inc. reported a quarterly loss of 92 cents per share, which was better than the analyst consensus estimate of 95 cents per share [2] - The company reported quarterly sales of $307.344 million, exceeding the analyst consensus estimate of $304.642 million [2] - Oxford Industries shares fell 25.6% to $30.17 in pre-market trading following the earnings report and lowered guidance [2] Group 2 - CapsoVision Inc shares dropped 16.6% to $9.86 in pre-market trading after a previous gain of 33% [3] - Ur-Energy Inc shares fell 12.1% to $1.20 after announcing a $100 million offering of 4.75% convertible senior notes due 2031 [3] - Oracle Corporation shares dipped 11.3% to $197.70 after posting mixed second-quarter financial results for fiscal 2026 [3] - T1 Energy Inc shares fell 10.8% to $5.50 following the announcement of proposed offerings of $120 million in convertible senior notes and $140 million in common stock [3] - Rezolute Inc shares dropped 5.8% to $10.30 after announcing Phase 3 sunRIZE study results in Congenital Hyperinsulinism [3] - NovaBay Pharmaceuticals Inc shares declined 5.8% to $2.28 after a previous jump of 34% [3] - Constellium SE shares fell 3% to $17.62 after gaining 4% previously [3]

Core Viewpoint - Oracle's recent financial report has sparked significant discussion on Wall Street, highlighting a substantial reliance on non-recurring income to inflate profits, despite a record backlog of $523 billion in orders and a notable increase in non-GAAP EPS [1][3][8] Financial Performance - Oracle reported a non-GAAP EPS of $2.26, significantly exceeding market expectations of $1.65, primarily due to $2.7 billion in non-recurring income from the sale of its stake in Ampere [8] - The company's total revenue grew by 13% year-over-year, slightly below market expectations, with cloud infrastructure revenue at $4.079 billion, a 66% increase, but still below UBS's forecast of 68% growth [7][8] Order Backlog and Conversion Concerns - The order backlog reached a record high of $523 billion, with a $67.7 billion increase in the quarter, reflecting a year-over-year surge of 583% in implied order value, driven by AI-related purchases from major clients like Meta and Nvidia [6][8] - Despite the impressive order growth, concerns are rising regarding the conversion of these orders into sustainable revenue, with analysts noting a lack of confidence in the company's ability to translate order volume into profits [7][10] Capital Expenditure and Cash Flow - Oracle's capital expenditures soared to $12 billion, more than doubling year-over-year, leading to a negative free cash flow of -$10 billion [8][9] - The management has raised the capital expenditure target for FY2026 to $50 billion, which is 75% of the expected annual revenue, indicating a significant investment in AI infrastructure [8][9] Market Reactions and Analyst Ratings - Following the earnings report, Oracle's stock price fell over 10%, prompting several investment banks, including UBS and Morgan Stanley, to lower their target prices or reassess their ratings [5][10] - UBS maintained a "Buy" rating but reduced the target price from $380 to $325, while Bank of America also retained a "Buy" rating, lowering its target from $368 to $300 [10][11] Valuation and Future Outlook - The valuation logic for Oracle has shifted from a premium based on order potential to a discount reflecting conversion risks, with analysts emphasizing the need for clearer signals of revenue growth and improved profit margins [10][12] - Discrepancies in valuation perspectives stem from differing views on Oracle's potential for AI transformation, with some analysts optimistic about the long-term potential of the $523 billion backlog, while others call for more concrete evidence of profitability improvements [12][14]

Oracle shares tumbled in after-hours trading Wednesday after the cloud infrastructure giant released its quarterly results. https://t.co/dPLvNJgfjP ...

Core Insights - Xcel Energy has partnered with Oracle to utilize the AI-enabled Opower platform for enhancing customer engagement and energy efficiency [1][2][3] - The Opower platform has been implemented by over 100 utilities, resulting in energy savings exceeding 38 TWh [1][2] Company Overview - Xcel Energy serves 3.9 million electric and 2.2 million natural gas customers across eight states, focusing on safe, reliable, and affordable energy [2] - The collaboration aims to provide customers with personalized energy usage insights and savings tips, thereby improving their overall experience [2][3] Technology and Features - The Opower platform offers various components, including Home Energy Reports, behavioral demand response programs, and real-time analytics [4][6] - AI-driven data analytics enable seamless integration across digital channels, ensuring consistent customer guidance [3][6] Customer Engagement Strategies - Personalized insights will empower customers to manage their energy usage effectively, potentially leading to cost savings [3][6] - The platform encourages customers to lower or shift their energy usage during peak demand periods, contributing to grid stability and long-term affordability [6]

Only a handful of major companies have yet to report their results for the last quarter, and AI leader Oracle (ORCL) is one of them. The Q3 earnings season has largely brought solid results. As of Dec. 5, 99% of S&P 500 companies have reported, according to FactSet data, and analysts estimate a 13.4% jump in earnings per share during the third quarter. If it holds, that figure would mark the fourth straight quarter of double-digit earnings growth and an acceleration from the 12% earnings growth rate repor ...

Core Insights - The Q3 earnings season has shown strong results, with a projected 13.4% increase in earnings per share for S&P 500 companies, marking the fourth consecutive quarter of double-digit growth [2] - Analysts had initially expected a more modest 7.9% increase in earnings per share for Q3, indicating a significant upward revision in expectations [3] Group 1: Company Reports - Oracle is among the major companies yet to report its Q3 results, following a strong second quarter that showcased its leadership in AI and a substantial cloud backlog [1][4] - Other notable companies set to report include specialty retailers like GameStop, AutoZone, and Chewy, as well as Costco, which will provide insights into consumer spending trends [4] Group 2: Earnings Season Overview - As of December 5, 99% of S&P 500 companies have reported their earnings, reflecting a robust performance across the board [2] - The earnings reports from Adobe and Broadcom are also anticipated to conclude the Q3 reporting season, contributing to the overall financial landscape [5]