$Oracle(ORCL)$ The focus on OpenAI's RPO seems overblown. Even in a worst-case scenario for them, enterprise AI demand is more than capable of absorbing that entire infrastructure capacity and then some. During IBM's recent selloff, they mentioned their customers are spending on hardware for Enterprise AI. That's essentially the same demand underlying the OpenAI RPO.
Watching these four setups for potential moves. $SoFi Technologies Inc.(SOFI)$ Looking at a target zone between $13.24 and $11.07. Long-term, there's an upside scenario around $78.22. $IREN Ltd(IREN)$ Target zone is $38.68 to $35.26. A potential new high could be around $105.24. $CoreWeave, Inc.(CRWV)$ The range to watch is $82.38 to $75.27. A long-term upside scenario points to $238.37. $Oracle(ORCL)$ Target zone is around $119, with a long-term upside scenario of $678.37. Different sectors, different stories, but the common theme is companies with strong growth narratives and room for expansion.
$Oracle(ORCL)$ I'd prefer to see a lower open followed by a solid rally, rather than another session where we're up a dollar or two premarket only to give back three or four dollars from open to close.
$Oracle(ORCL)$ Everything's in the red, and the big question right now is whether this is just panic or a potential opportunity in disguise. Big money tends to like these kinds of days because retail investors often panic, while they quietly watch the tape. It's worth keeping a close eye on.
$Oracle(ORCL)$ It seems like a lot of people might be talking about buying Oracle soon. Some are calling it the next AI stock to move higher. Personally, I think any pullback could be a point to consider for a position.