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▶ 1:48 · $ORCL · Oracle's 60% Collapse Shows a Bigger Problem
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Asymmetric Investing

Oracle's 60% Collapse Shows a Bigger Problem

2026-07-23 · 1 company · 3 thematic
sentiment
0 bull1 bear0 neu
speakers
travis hoium

Travis Hoium hosts the Asymmetric Investing podcast/YouTube channel and manages the Asymmetric portfolio. He conducts fundamental research using Fiscal AI and focuses on platform business models, healthcare technology, and consumer subscription businesses. He discloses holding Hims & Hers as one of his largest positions.

quote
“they don't have enough cash to build all those data centers right now. So they're going to have to issue debt and or equity, something that they've started to do after years, decades of buying back their own stock. That is completely rever…”
—travis hoium
now playing · $ORCL
$ORCL···bearish· hightravis hoium
Hoium warns Oracle's $100B annual AI capex spree risks negative returns as debt costs surge
Oracle's massive AI data center buildout funded by rising-cost debt faces declining returns on invested capital (9.6% vs 22% in 2021) while competing against hyperscalers with sup…