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Backlog

All articles tagged with #backlog

Oracle’s AI Push Gets pricier as restructuring bill climbs to $2.8B
finance24 days ago

Oracle’s AI Push Gets pricier as restructuring bill climbs to $2.8B

Oracle is increasing the expected cost of its fiscal 2026 restructuring by about $700 million to roughly $2.8 billion as it accelerates its AI-driven cloud expansion, with costs including severance and other exit expenses. The move follows Oracle’s report of more than $30 billion in new AI cloud contracts and a backlog of $664 billion, with about half expected to convert to revenue over the next 36 months. While the AI push could improve efficiency and long-term growth, near-term earnings and cash flow remain pressured, and the company plans to finance ongoing capital expenditure—potentially up to $40 billion through debt and equity—despite continued large cash burn.

via Yahoo Finance|
#ai#ai-cloud#backlog
Oracle's AI Backlog Surges, But Market Fades the Jump
business27 days ago

Oracle's AI Backlog Surges, But Market Fades the Jump

Oracle reported Q1 revenue of $19.3B, up 30%, as AI demand lifts remaining performance obligations to a $664B backlog—roughly 34x quarterly revenue—while infrastructure revenue jumped 121% to $7.4B after adding 850 MW of capacity and 300k GPUs. The stock briefly rallied about 7% but trimmed gains, trading around $153.74 after peaking at $165.80; Oracle plans to raise about $40B to fund AI expansion, and GF Value shows fair value near $195 per share amid roughly $5.4B of negative free cash flow.

via Yahoo Finance|
#ai#backlog#business
Oracle rides AI cloud surge to revenue beat despite heavy debt
finance28 days ago

Oracle rides AI cloud surge to revenue beat despite heavy debt

Oracle beat estimates in Q1 FY2027 with revenue up 30% to $19.3 billion and cloud infrastructure sales up 121% to $7.4 billion, powered by booming AI cloud demand that outpaced supply; adjusted earnings per share rose 30% to $1.92 on expectations of $1.75. The company booked over $30 billion of AI cloud contracts, lifting remaining performance obligations backlog to about $664 billion. While the AI-fueled cloud push underscores Oracle's data-center expansion, investors remain wary of the debt used to fund the build, and the stock trimmed intraday gains after the release.

via Yahoo Finance|
#ai-cloud#backlog#cloud-infrastructure
Oracle’s AI Cloud Push Sparks Backlog Surge After Strong Q1
finance28 days ago

Oracle’s AI Cloud Push Sparks Backlog Surge After Strong Q1

Oracle beat Q1 estimates with revenue of $19.35B and adjusted EPS of $1.92, raising fiscal 2027 targets to at least $90B in revenue and $8.10 per share, as AI cloud bookings helped lift backlog to $664B. The company expanded its cloud footprint to 70 regions and said roughly half of new RPOs should convert to revenue in the next 36 months. An analyst argued Oracle’s AI infrastructure demand growth is outpacing AWS and Azure, while the company funded capacity via a $20B ATM offering despite negative free cash flow. Shares rose after the results.

via Yahoo Finance|
#artificial-intelligence#backlog#cloud-computing
Oracle Soars on AI Cloud Growth After Solid Earnings
technology29 days ago

Oracle Soars on AI Cloud Growth After Solid Earnings

Oracle reported solid Q1 results with adjusted EPS of $1.92 on $19.3B revenue, led by cloud-infrastructure revenue up 121% to $7.4B and a backlog totaling $664B (nearly half from an OpenAI contract); the company guided modestly higher for the year, but free cash flow remains negative as capex climbs toward about $92B this year, funded by about $37B of new debt and $20B of equity raised in Q1. Shares rose in after-hours trading.

via barrons.com|
#backlog#cloud-infrastructure#earnings
Oracle Preps for Earnings as Backlog Backstops Beat Narrative, But Options Signal Capped Upside
investing29 days ago

Oracle Preps for Earnings as Backlog Backstops Beat Narrative, But Options Signal Capped Upside

Oracle enters tonight’s earnings report down about 18% year-to-date despite a $638 billion backlog that could drive a beat; traders are positioning for limited upside as options activity shows heavy calls selling at the $150 strike even as analysts expect roughly $1.74 per share on about $19.1 billion in revenue for Q1 FY2027, with cloud growth strong and a consensus target near $241. The backdrop—large backlog, cloud momentum, and RMBS-like visibility—suggests a potential narrative reset if the print dominates expectations, even as valuation sits rich at around 28x trailing earnings.

via 247wallst.com|
#backlog#earnings#investing
Backlog and Neutron Momentum Put Rocket Lab on a Path to Big Upside
investing1 month ago

Backlog and Neutron Momentum Put Rocket Lab on a Path to Big Upside

Rocket Lab’s stock has fallen after a Neutron test delay, but a top Wall Street analyst still sees substantial upside: a record $2.36 billion backlog and over $1 billion in new Q3 contracts support a bull case centered on Neutron commercialization, Space Systems growth, and defense wins (Space Force/SDA). With a Street-high target of $150, the implied upside exceeds 2x from current levels near $64, while consensus targets hover around $111; risks include further Neutron delays and dilution.

via 24/7 Wall St.|
#backlog#defense-contracts#investing
Judges Urged to Fast-Track Immigration Cases, Limiting Time for Visa Delays
politics1 month ago

Judges Urged to Fast-Track Immigration Cases, Limiting Time for Visa Delays

Guardian reports that immigration judges were instructed to tighten use of continuances and deny extended time for applicants awaiting visas or green cards, risking deportation for vulnerable groups like abused children and crime survivors. The training materials emphasize swift adjudication amid a large backlog, raising concerns about due process and access to legal representation, even as officials say they aim to resolve cases promptly and lawfully.

via The Guardian|
#asylum#backlog#continuances
Dell Surges on AI Infrastructure Boom, Beats Q2 and Lifts Guidance
technology1 month ago

Dell Surges on AI Infrastructure Boom, Beats Q2 and Lifts Guidance

Dell Technologies posted a strong fiscal Q2 with adjusted earnings of $7.04 per share on $47 billion in revenue, driven by AI infrastructure demand. AI-optimized servers revenue rose 100% to $16.4 billion, and Dell ended the quarter with a record $95 billion backlog for AI servers. The company raised its full-year revenue outlook to about $192 billion from $167 billion, topping analyst expectations, and the stock moved higher in premarket trading on the AI spending backdrop.

via Barron's|
#ai-servers#backlog#dell-technologies
Dell Surges on AI-Demand Fueled Earnings Beat and Upbeat Outlook
technology1 month ago

Dell Surges on AI-Demand Fueled Earnings Beat and Upbeat Outlook

Dell reported a strong fiscal Q2 beat with adjusted EPS of $7.04 on $47 billion in revenue, driven by AI demand. AI-Optimized Servers revenue rose 100% year over year to $16.4 billion, backed by a record $95 billion backlog, and the company raised its full-year revenue outlook to $192 billion (above the $174 billion consensus). Shares jumped about 10% after hours as investors cheered the AI-infrastructure cycle.

via barrons.com|
#ai#ai-servers#backlog
Dell rides AI server boom to record orders and raised outlook
finance1 month ago

Dell rides AI server boom to record orders and raised outlook

Dell Technologies reported a record $60.9 billion in AI server orders, a backlog of $95 billion, and raised its FY27 revenue outlook to $192 billion after posting a $47 billion quarterly revenue and $6.34 GAAP EPS (up 58% and 273% YoY, respectively), with AI momentum fueling growth across servers, networking, and storage and an after‑hours stock jump.

via Yahoo Finance|
#ai-servers#backlog#dell-technologies
CoreWeave Backlog Signals Potential for a 2x Move by 2027
business1 month ago

CoreWeave Backlog Signals Potential for a 2x Move by 2027

24/7 Wall St. projects CoreWeave (CRWV) to reach about $166.75–$171 by Aug 2027, implying up to ~90% upside based on a $104 billion backlog that dwarfs its sub‑$50 billion market cap. The bull case hinges on improving operating margins in the low teens by Q4 and a ramp in power/inference monetization, but the stock carries heavy cash burn (free cash flow −$5.7B in Q2) and large capex guidance ($35–$39B for 2026). Comparisons to Nebius and Oracle are used, while a bear case warns of financing/interest risks; sentiment is mixed and one noted NVIDIA caller did not include CRWV among top AI stocks.

via 24/7 Wall St.|
#ai-infrastructure#backlog#business
Rocket Lab’s Q2 Wins: Record Revenue, Iridium Acquisition, and Neutron Drive
business1 month ago

Rocket Lab’s Q2 Wins: Record Revenue, Iridium Acquisition, and Neutron Drive

Rocket Lab reported a record Q2 revenue of $234 million (up 62% YoY), with over $1 billion of new contracts and a backlog of $2.36 billion, as it announced the strategic Iridium Communications acquisition to become a self‑launching, integrated space company. Neutron development is progressing well, supported by strong demand from government and commercial customers, including notable Space Force-related work. However, the quarter showed a GAAP loss due to amortization, margins are pressured by space-systems mix, and free cash flow is still negative with positivity not expected until 18–24 months after the first Neutron flight; Iridium’s close is targeted for mid‑2027 with integration benefits and potential tuck‑ins ahead.

via Yahoo Finance|
#backlog#business#iridium-acquisition
Rocket Lab Posts Record Revenue, But Earnings Misses Forecast
business2 months ago

Rocket Lab Posts Record Revenue, But Earnings Misses Forecast

Rocket Lab reported Q2 2026 revenue of $234.06M, a 62% year-over-year increase and a quarterly record, but posted an adjusted loss of $0.08 per share, missing the $0.06 consensus. The backlog rose to a record $2.36B, with more than $437M in new launch contracts, and the company announced plans to acquire Iridium Communications while completing Mynaric and Motiv deals. For Q3 2026, the company guided revenue of $250–$265M (midpoint $257.5M) and an adjusted EBITDA loss of $17–$23M, aided by Neutron rocket milestones and a $397M Space Force contract.

via Yahoo Finance|
#acquisitions#backlog#business