I made an additional investment in Oracle despite a recent “lackluster print,” where modest RPO growth of 15% quarter-over-quarter was overshadowed by significantly higher-than-expected capital expenditure plans. Oracle’s guidance for fiscal year 2026 now reflects $50 billion in spending, up $15 billion, raising questions about funding for its data center expansion. However, management’s commitment to maintaining an investment-grade credit rating and their assertion of multiple funding options provide reassurance. This investment reflects confidence in Oracle’s long-term growth strategy and its ability to balance aggressive expansion with financial discipline.