Oracle's AI Cloud: Bargain or Risky Bet?
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Oracles stock has plummeted, making it a potential bargain in AI cloud infrastructure. With super-efficient data centers and proprietary networking, Oracle offers automated setups that cut labor costs and spin up quick. Revenue surged last quarter, with cloud infrastructure surging 84% to $4.9 billion. The real headline is the order backlog, up 325% year-over-year, fueled by AI giants like OpenAI, Meta, and xAI. However, a huge chunk ties to cash-strapped OpenAI, and Oracles high debt and shaky backlog make it risky. Despite a low price-to-earnings ratio, smart money might hold off till the market chills.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/9d1c6d543354b2f4