Bloomberg Intelligence BI Weekend: Oracle Earnings, Novo Cuts, Anglo Deal
18 snips
Sep 12, 2025 Discover the latest insights into Oracle's earnings and its competitive battle against major players like AWS and Microsoft. Uncover the implications of SpaceX's $17 billion spectrum acquisition and the transformative Anglo American-Teck deal in mining. Dive into Novo Nordisk's significant job cuts and explore the evolving merger between PNC and FirstBank. Plus, hear about Tesla's concerning door design and the potential safety risks it poses to consumers.
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Oracle's Cloud Surge Fuels Stock Rally
- Oracle's cloud arm, OCI, is the company's fastest-growing business and is driving investor enthusiasm.
- The firm plans to spend over $35 billion next fiscal year to expand AI-ready data centers and infrastructure.
Smaller Cloud Base Enables Bigger Growth Rates
- Oracle competes with much larger cloud providers but its cloud revenue base is far smaller today.
- That smaller base means Oracle can show higher growth rates despite being much smaller than AWS, Azure, or Google Cloud.
Watch GPU-Rental Niche Players
- Expect AI infrastructure spending to favor companies that can rent GPU capacity rather than firms building in-house.
- Watch vendors like CoreWeave and niche GPU renters as complementary plays to big cloud providers.