Oracle shares rose 5% to $132.28 in afternoon trading, though they remain down 31% year to date, after the company said Google will offer its Tensor Processing Units through Oracle Cloud Infrastructure (OCI) starting next year, the first time Google offers the chips on a hyperscale cloud outside its own platform. Oracle and NVIDIA also plan to expand OCI's Vera Rubin superclusters to multi-gigawatt scale and made NVIDIA's Vera Rubin systems and Vera CPUs generally available on the cloud. In Q1 FY2027, cloud infrastructure revenue rose 121% and remaining performance obligations reached $664 billion, but capital expenditures of $28.5 billion pushed free cash flow to negative $5.4 billion. The article notes that TPU chips arrive next year and ramp slowly, while the multi-gigawatt build-out demands heavy spending that could keep pressure on cash flow and the balance sheet for several quarters. It says Oracle must show that TPU capacity arrives on schedule and that early customers commit to it at scale.
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NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/26/2026 | 215.98 |
| Change that session | +2.38% |
GOOGL
▲ Likely positiveAlphabet Inc. (Class A)
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.0T |
| Close on 10/26/2026 | 316.89 |
| Change that session | -1.04% |
AMZN
• NeutralAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/26/2026 | 249.01 |
| Change that session | +0.41% |
MSFT
• NeutralMicrosoft
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $3.9T |
| Close on 10/26/2026 | 532.75 |
| Change that session | +1.57% |
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