Oracle’s Cloud Boom vs. Cash Crunch | Durham News

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Michael Burry just shorted Oracle at $144.63, calling it an easy target — but the stock’s story is far from over. Oracle’s cloud business exploded in Q1, revenue up nearly 30% YoY, data center capacity tripled, and they bumped full-year revenue forecasts to over $90B. Yet, massive capex ($28.5B in three months) and looming lease commitments are crushing margins and prompting a credit downgrade. With stock still down from its 2023 peak, investors are watching closely to see if Oracle can turn its huge backlog into real cash before the bills bury it — December’s earnings report could be make-or-break.

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This is an automated, high-level news summary based on public reporting.
Sources:
https://www.heraldsun.com/news/business/article317232351.html#storylink=partnerdigest_the

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