ORCL/short/threadguy
Oracle's growth rests on one unprofitable customer's compute bills; any OpenAI payment stress and ORCL breaks.
Oracle is a particularly scary one because they are building 7.1 gigawatts of capacity. Just for one customer. And they even said in their annual report that the risk was they might not get paid. OpenAI only loses money. If they can't, Larry Ellison can't afford to pay back those bills and Oracle stock will be in jeopardy.
Peak+8.9%