Oracle shares rally as it avoids more debt; analyst sees it as commodity GPU business
TiernanRayTech · x · 2026-09-11
Oracle stock surged in pre-market trading Friday as it avoided raising spending or debt projections. The author argues Oracle remains fundamentally a commodity GPU-capacity services business — surging revenue and backlog, but not a great use of capital in his view. Adobe is in a holding pattern as analysts await incoming CEO Anil Chakravarthy's stamp in December.
More from Venture
- Skild hits $100M revenue run rate; XPENG starts IRON humanoid production line — xmercury_one · 2026-09-11
- Indie Dev Digs Into the Growth Playbook Behind the Focus Plane App — yihui_indie · 2026-09-11
- DeskcommCRM: open-source AI sales CRM with native agents and WhatsApp hits 1k stars — melgarafael · 2026-09-11
- Anthropic listed a $450K sales job serving only Meta — and closed it in one week — 量子位 · 2026-09-11
- Steal this idea: prompt-to-hardware where agents assemble custom devices — paraschopra · 2026-09-11
- Marc Loou gives away free book on making $3M from 36 startups, 90% of them failures — marclou · 2026-09-11