智通财经网·2026-02-11 03:49Group 1: Oracle (ORCL.US) - Oracle has announced a capital plan for 2026, aiming to raise up to $50 billion through debt and equity financing [3] - The issuance of equity was somewhat unexpected, as market discussions had primarily focused on credit financing since last October [3] - Initial market reactions suggest that the financing arrangement has somewhat eased market sentiment [3] - Oracle remains confident in achieving its 2030 goals, with data center construction and delivery targets progressing as planned [3] - The company anticipates that existing AI customers will generate more orders amid the ongoing AI arms race [3] Group 2: Adobe (ADBE.US) - Adobe is facing pressure on its stock price due to concerns related to the disruptive impact of AI [2] - The monetization cycle for Adobe's AI features may take longer than expected, as new users can start with free products, leading to a longer time frame for customer monetization [2] - Despite confidence in the value of its products, Adobe's business model may require time to achieve accelerated growth [2] - Adobe plans to focus on "AI-affected" product data rather than "AI-first" messaging at its upcoming Adobe Summit in April [2] - New AI-driven factors expected this year include a shift to third-party model usage, demand for higher resolution, and growth in video consumption [2]