Oracle revealed a massive $664 billion revenue backlog, indicating significant future growth driven by AI cloud contracts and strong cloud infrastructure revenue. Despite this, the company faces high capital expenditures and negative free cash flow as it builds capacity, with insider stock sales adding to investor caution. Management expects about half of the backlog to convert to revenue over the next three years, with the biggest impact on revenue and costs coming later. Investors will watch Oracle's cloud revenue growth, capacity delivery, and capital spending closely to gauge how well the backlog translates into profits.
SpaceX, Broadcom, and Oracle are all pursuing tens of billions of dollars in long-term debt to finance the purchase of AI chips that will likely become obsolete before the loans mature. SpaceX plans to borrow about $40 billion directly, while Broadco...
Oracle reported a 30% year-over-year revenue increase in Q1 to $19.35 billion, surpassing expectations and accelerating from the previous quarter. The growth was fueled by strong demand for infrastructure services and $30 billion in new AI contracts ...
Oracle Cloud Infrastructure (OCI) revenue surged 121% to $7.388 billion, growing three times faster than Amazon Web Services (AWS), which posted $42.232 billion with 37% growth. Despite OCI's rapid expansion and strong GPU usage, AWS maintains a mass...
Nebius stock surged 9% following an AI inference deal with undisclosed terms, highlighting investor confidence in future contracted demand despite its high 197x trailing earnings multiple. The company acquired Inferize, a startup that reduces GPU idl...
Dario Amodei, CEO of AI firm Anthropic, earned $18 million in 2025, mainly from stock and options, ahead of the company's planned IPO potentially valuing it over $2 trillion. His pay surpasses CEOs of Alphabet and Amazon but is less than Oracle and N...
