Oracle released its fiscal Q4 and full-year 2026 financial results, highlighting significant momentum in its AI and cloud infrastructure segments. While headline figures were record-breaking, the market’s reaction underscores a growing tension in the AI infrastructure sector: the trade-off between massive long-term contracted demand and the immediate, heavy capital expenditure required to deliver it. Q4 Performance at a Glance Non-GAAP EPS: $2.11 (Up 24% year-over-year, beating Wall Street consensus of $1.96). GAAP EPS: $1.45 (Up 21% year-over-year). Remaining Performance Obligations (RPO): Hit a massive record of $638 billion, jumping $85 billion in Q4 alone from the $553 billion reported in Q3. This surge reflects intense enterprise backlog growth driven by cloud and AI infrastructure demand. The Growth Engine & The "Funding Test" Oracle's core growth continues to be heavily fueled by Oracle Cloud Infrastructure (OCI) and cloud application e...
Systems, Iron, and Yield: Periodical logs on programmatic trading, augmented infrastructure income, and the discipline of a structured life by an algorithmic quant Trader.
A periodical by Michael Medeiros