Group 1 - The article promotes a subscription service called Beyond the Wall Investing, which offers high-quality analysis of Wall Street buying and selling ideas [1] - Daniel Sereda is highlighted as the chief investment analyst at a family office, emphasizing his expertise in navigating vast amounts of information to extract critical investment ideas [1] - The investing group provides access to information prioritized by institutional market participants, indicating a focus on professional-grade analysis [1] Group 2 - There is a mention of a potential beneficial long position in OBDC, suggesting an interest in initiating investments in this company within the next 72 hours [2] - The article clarifies that the author has no current stock or derivative positions in the companies mentioned, ensuring transparency in the analysis [2] - Seeking Alpha's disclosure emphasizes that past performance does not guarantee future results, highlighting the importance of independent analysis [3]

Core Insights - The data center market has seen over $61 billion in investment this year, a slight increase from $60.8 billion last year, amidst a "global construction frenzy" [1] - Dealmaking in global data centers has reached a record high, driven by the need for infrastructure to support energy-intensive AI workloads, with a notable increase in debt financing from private equity markets [2] - Concerns about inflated AI valuations and the sustainability of data center financing have emerged, leading to a sell-off in global stocks [1][2] Company-Specific Developments - Oracle's shares dropped 5% following reports of Blue Owl Capital withdrawing from a $10 billion data center deal in Michigan, impacting other tech stocks like Broadcom, Nvidia, and AMD [3] - Despite the recent stock pullback, analysts, including those from S&P Global, expect that market concerns regarding AI and Oracle will be temporary and will not significantly affect data center development and M&A activities in the near term [4] Market Trends - There have been over 100 data center transactions in the first 11 months of the year, surpassing the total deal value for all of 2024, with the majority occurring in the U.S. and the Asia-Pacific region [6] - The competitive landscape among AI model providers is rapidly changing, which may influence investor sentiment in public markets, but demand for AI applications is projected to continue growing strongly through 2026 [4]

这一叙事迅速传导至资本市场。甲骨文股价从 4 月 21 日的约 122 美元一路上涨，在 9 月初一度冲至 320 美元以上，也让 81 岁的联合创始人埃里森以约 3832 亿美元的身家，短暂超过马斯克，重回世界首 富宝座。几乎在同一时期，主导云计算基建项目的 Clay Magouyrk 被提拔为甲骨文联席 CEO。 美国时间12月中旬，有报道称，甲骨文在美国数据中心项目的主要支持者Blue Owl Capital将不会资助密 歇根州一个价值100亿美元的数据中心。 这被视为百亿项目融资"告吹"，该消息迅速放大并引发市场对AI泡沫的担忧。实际上，自9月初见顶以 来，甲骨文股价已下跌近45%。 作为近两年推动美股牛市的关键因素，AI行业对于明年市场的走向依然至关重要。难道，美国此轮 AI 基建周期已经提前来到了拐点？ 甲骨文的AI故事不香了？ 7 个月前，甲骨文官方账号在社交媒体上发布了一段颇具象征意味的视频。画面中，时任甲骨文云基础 设施负责人 Clay Magouyrk 正带领 OpenAI CEO 山姆·奥特曼（Sam Altman）参观德克萨斯州阿比林 （Abilene）首个"星际之门（Stargate ...

美国时间12月中旬，有报道称，甲骨文在美国数据中心项目的主要支持者Blue Owl Capital将不会资助密歇根州一个价值100亿美元的数据 中心。 这被视为百亿项目融资"告吹" ，该消息迅速放大并引发市场对AI泡沫的担忧。实际上，自9月初见顶以来，甲骨文股价已下跌近45%。 作为近两年推动美股牛市的关键因素，AI行业对于明年市场的走向依然至关重要。难道，美国此轮 AI 基建周期已经提前来到了拐点？ 7 个月前，甲骨文官方账号在社交媒体上发布了一段颇具象征意味的视频。画面中，时任甲骨文云基础设施负责人 Clay Magouyrk 正带领 OpenAI CEO 山姆·奥特曼（Sam Altman）参观德克萨斯州阿比林（Abilene）首个"星际之门（Stargate）"项目现场。 信用市场最先"翻脸" 曾因做空安然成名的大空头吉姆·查诺斯（Jim Chanos），在 12 月初毫不避讳地公开炮轰甲骨文资产负债表扩张过快，正逼近财务承压区 间。 他在播客采访中直言，作为五大超大规模云厂商之一，甲骨文为了追赶同行而采取了激进投资策略，但新增资本投入并未带来相应的利润回 报。 "如果用新增营业利润除以新增投入资本来 ...

甲骨文的AI故事不香了？ 7 个月前，甲骨文官方账号在社交媒体上发布了一段颇具象征意味的视频。画面中，时任甲骨文云基础 设施负责人 Clay Magouyrk 正带领 OpenAI CEO 山姆·奥特曼（Sam Altman）参观德克萨斯州阿比林 （Abilene）首个"星际之门（Stargate）"项目现场。 Magouyrk 对奥特曼形容道："这里就像是小孩子在玩很大的玩具。" 甲骨文官号配文称："我们正在建设全球最大的 AI 训练设施。" 当时，多家媒体援引知情人士称，OpenAI 未来几年将向甲骨文支付千亿美元规模的算力费用。 文 | 《北美前哨》栏目 康路 发自美国纽约 美国时间12月中旬，有报道称，甲骨文在美国数据中心项目的主要支持者Blue Owl Capital将不会资助密 歇根州一个价值100亿美元的数据中心。 这被视为百亿项目融资"告吹"，该消息迅速放大并引发市场对AI泡沫的担忧。实际上，自9月初见顶以 来，甲骨文股价已下跌近45%。 作为近两年推动美股牛市的关键因素，AI行业对于明年市场的走向依然至关重要。难道，美国此轮 AI 基建周期已经提前来到了拐点？ （图：2025年4月，Open ...

Key TakeawaysOracle (ORCL) shares extended gains to 6% on December 18, buoyed by positive project updates and regulatory progress on its Michigan data center, despite recent investor anxiety over AI-related spending and financing challenges.President Donald Trump officially signed the Fiscal Year 2026 National Defense Authorization Act (NDAA) into law, authorizing a record $901 billion in military spending and including a 3.8% pay raise for troops.The Bank of Japan (BoJ) is set to raise its interest rates t ...

Good Thursday morning. Welcome to Opening Bid. I'm Yahoo Finance executive editor Brian Sazi.Let's get right after it. Here's what's on my mind right now. Inflation in President Trump's late night TV show.The consumer price index rose 2.7% in November according to new data out today. The headline result came in below estimates for a 3.1% increase. Consumers are still being pinched by high healthcare, rent, and food costs this holiday season, though.On the other end of the spectrum, we have President Trump d ...

Key Takeaways Oracle shares slid after earnings and fresh concerns over debt-funded AI data center expansion. ORCL shares fell again following a report that Blue Owl Capital will not fund a $10B data center project.Tech ETFs offer diversified exposure to AI and cloud growth despite volatility in names like ORCL. Oracle (ORCL) shares have seen consecutive declines recently, prompting investors to reassess their positions. The first pullback followed last week’s earnings release, led by concerns about the co ...

We recently published 10 Big Names Investors Are Dumping. Applied Digital Corp. (NASDAQ:APLD) is one of the worst performers on Wednesday. Applied Digital slashed its share prices by 9.24 percent on Wednesday to close at $22 apiece as investors turned increasingly wary about the AI industry, supported by an investment firm’s withdrawal of its financial support for one of Oracle Corp.’s data center projects. On the same day, a report said that Blue Owl Capital backed out from a plan to support Oracle’s da ...

We recently published 10 Big Names Investors Are Dumping. Terawulf Inc. (NASDAQ:WULF) is one of the worst performers on Wednesday. Terawulf fell by 10.93 percent on Wednesday to close at $11.57 apiece as investors trimmed their positions in AI-linked stocks over fears about their heavy spending on the industry. The drop was triggered by Blue Owl Capital’s withdrawal of its $10 billion financial backing for Oracle Corp.’s data center project in Michigan, amid the latter’s scale of borrowing to fund its AI ...