Sell ORCL by Jan 7, 2027.

For me the question is whether OpenAI can keep paying for the compute it has already promised to buy, that suppliers are relying on for their own debt repayments. Oracle is the one Im most concerned for. It's borrowing against a very durable database business with renewals around 97%, and gross margins near 90% to build this GPU capacity. However, net debt is about $125B, roughly 3.7x EBITDA, with around $40B more in planned raises. Return on the new money …