Oracle reports F1Q27 after close today, 9/10.
▫️ Revenue expected near $19.1B (+28% YoY)
▫️ AI cloud growth guided at 58%, down from 64%
▫️ RPO at $638B, up 363% YoY, but capex is running to $70B and FCF was negative $23.7B last fiscal year
▫️ Bulls point to 98% of capacity pre-committed
▫️ Bears point to roughly half the backlog tied to one client
The real question isn't whether Oracle is growing, it's how much room for error this kind of high-investment model still has.
I'll be watching ORCL/USDT perpetual on @BingXOfficial for how it plays out after hours.
#Oracle #ORCL