$ServiceNow(NOW)$ $Snowflake(SNOW)$ $Oracle(ORCL)$ I got into AMD, ALAB, CRDO, MRVL, AAOI, and MU early, but I also sold too early. Still made solid gains, but I'm not going to make that same mistake with these software names. This looks like the start of a multiyear run. Just sitting back and watching for now.
$Oracle(ORCL)$ There's an inverse H&S pattern on the yearly chart, and this one looks set up to at least test $180-82 before earnings. That report is going to matter. Good luck to all.
$Oracle(ORCL)$ Soon they'll start running ads in ChatGPT for free accounts and probably the lowest paying tier too. That should bring in revenue and improve net margins. Not even worried about it.
$Oracle(ORCL)$ This is heading back to the 120s. Capex and costs will be disclosed at earnings, and that's going to pressure the stock price. I'm bullish long term, but they're likely to keep pushing it up and down for a while until these data centers actually start generating revenue.
$Oracle(ORCL)$ It gets lumped in with "software" names, but at the same time it catches criticism over AI and data center capex, along with the RPOs backing that spending. Meanwhile, the stock is dirt cheap.
$Oracle(ORCL)$ For what it's worth, all of my indicators are pointing to a strong move here. We'll see if I'm wrong about that. The bears will certainly let me know, but I'm loading up on calls and some leaps.
$Oracle(ORCL)$ Oracle is guiding for 27%–29% YoY revenue growth. Cloud revenue growth looks particularly strong at 58%–64% YoY in U.S. dollars. For FY2027, Oracle is maintaining its $90 billion revenue guidance and raised its non-GAAP EPS outlook to $8.05.
$Oracle(ORCL)$ I'm really optimistic about the long-term picture for SaaS and IaaS, whether you look at them separately or combined. Not sure what's going to happen this week, but honestly, I don't really care about the short-term noise.