Company · ORCL

Oracle

Oracle appears in Part 3, Part 4, Part 5, Part 6, Part 8 of The Buildout. Part 3: The Machines Will Work. The Debt Might Not.; Part 4: AI Spending Has Met Its First Real Bill; Part 5: OpenAI and Anthropic Are Not the Same Business; Part 6: Power Doesn’t Depreciate. Its Premium Moves.; Part 8: AI Lenders Are Financing the End of Scarcity.

In 5 parts of The Buildout: Part 08, Part 06, Part 05, Part 04, Part 03 · Updated Oct 8, 2026

Market snapshot

ORCL on NYSE

Financial Modeling Prep, as of Oct 8, 2026, 10:30 a.m. ET. Delayed quotes.

Price
$142.35
−1.22 (−0.85%) today
Market cap
$410.0B
P/E (trailing)
22.0
Next earnings
Dec 9, 2026
Exchange
NYSE

Analysis and opinion, not investment advice.

By the numbers

What the stories reported.

Each figure carries its date and source in the story it comes from.

Where the argument touches it

On each side.

Paraphrased and attributed, with the date and a link where one exists. DeepStack keeps no score of who was right; the dated tests do that work in the open.

  1. Part 10 · A long end nobody capsSep 21, 2026

    Consensus expects hyperscalers' operating cash flow to more than triple by 2030, outpacing the sharp increase in AI-driven capex, based on FactSet and Apollo Chief Economist sources for Google, Meta, Amazon, Microsoft and Oracle.

    The Bubble Is in the Denominator Who is on each side Source

  2. Part 10 · A long end nobody capsSep 28, 2026

    Manufacturers such as Nvidia and hyperscalers such as Oracle and Google Cloud are offering residual value guarantees for chips not because they want to but because lenders require them, given that chip depreciation is a very real problem following…

    The Bubble Is in the Denominator Who is on each side Source

  3. Part 08 · Guarantees, not faithSep 24, 2026

    Oracle's free cash flow was positive every year from FY2018 to FY2024, then turned slightly negative in FY2025 (-0.39B), dropped to -23.69B in FY2026 on 55.66B of cash capex, and sits at -28.72B on a trailing twelve months basis through Q1 FY2027…

    AI Lenders Are Financing the End of Scarcity Who is on each side Source

  4. Part 08 · Guarantees, not faithSep 24, 2026

    Oracle's record Q1 operating cash flow of 23.103B (up 184% YoY) is largely explained by 11.363B of customer prepayments with a significant financing component; excluding that prepayment, operating cash flow would be only about 11.740B (up a more…

    AI Lenders Are Financing the End of Scarcity Who is on each side Source

In The Buildout

Where Oracle appears.

One line per story, from the story itself.

  1. Part 08Lede

    On September 24, Oracle sent a letter to a unit of Blue Owl Capital about Project Jupiter, a 2.45-gigawatt New Mexico campus being built for the Stargate venture with OpenAI.

    AI Lenders Are Financing the End of Scarcity

  7. Part 04Defense has a case

    Quanta 72 compares Cisco, EMC, Oracle and Sun with Nvidia, Microsoft, Alphabet and Amazon and points to the difference: the dot-com suppliers depended on customers who could stop buying, while today’s spenders fund the buildout from advertising, cloud, software and e-commerce.

    AI Spending Has Met Its First Real Bill

  8. Part 04Defense has a case

    That is the market’s split in one glance: Nvidia and Micron have been paid for scarcity; Alphabet, Meta and Oracle have been charged for financing.

    AI Spending Has Met Its First Real Bill

On the Docket

The tests that name Oracle.

Each is on the Docket and resolves on the Results page.

  1. New Mexico rules on the fuel-cell permit; approval supports schedule, denial turns Oracle’s notice into a warning.

    Part 08: AI Lenders Are Financing the End of Scarcity Pending

Across the DeepStack reading

How often it comes up.

63 sources, 203 claims and 133 texts mention Oracle, as of Oct 8, 2026. A count of attention, not a judgment.

Analysis and opinion, not investment advice. Figures are as of the dates cited in each story.