Is anyone _not_ short Oracle? The downside risk for them is that they’ll lose a deal worth 10x their annual revenues.

Their potential upside is that OpenAI (a company with lifetime revenues of ~$10bn) have committed to a $300bn lease, if Oracle manages build a fleet of datacenters faster than any company in history.

If you’re not short, you definitely shouldn’t be long. They’re the only one of the big tech companies I could reasonably see going to $0 if the bubble pops.

With the executive branch now picking "national champion" companies (as in Intel deal), I feel like there's a big new short risk to consider. Would the current administration allow Oracle to go to zero?