Oracle's earnings report this time actually speaks volumes. The narrative of AI cloud can no longer save all performance.

At this stage, just talking about investment is not enough. When CAPEX reaches this level, the market no longer looks at "whether the direction is right" but when the cash flow will start to return. Once the pace slows down, expectations will become a burden.

I myself was taught a lesson this time. The tech sector is now so competitive that the margin for error is very low, and funds will scatter at the slightest hesitation. For me, this kind of direction—burning money upfront, realizing returns later, and crowded with players—is better to stay away from in the short term and wait for real differentiation to emerge.

$Oracle(ORCL.US) $Defiance Daily Target 2X Long ORCL ETF(ORCX.US)