Oracle, AI Deals, and a $6B SoftBank Stumble

Earnings in Focus

ORCL reports Q4 2026 results tonight after the close. Cloud growth and AI infrastructure spending are the key themes. Options traders are heavily positioned around near-term expiries. Short interest is just 2.1% of free float — a low short base that could amplify any upside surprise. ADBE follows Wednesday with Q2 2026 results. Homebuilder LEN and luxury retailer RH also report Wednesday evening.

AI Deal Flow Dominates Headlines

NVDA newsflow is electric this morning. Reports say OpenAI is in talks to lease a 10-gigawatt Ohio data centre backed by Nvidia. That follows last week's $221M insider sale by director Mark Stevens — bulls don't seem fazed. GTLB deepened its partnership with GOOGL today, launching a fully managed DevSecOps platform using Gemini 3.5 and Gemma 4 models. Meanwhile, SBUX is weighing options for its Japan unit, including a potential stake sale, according to Bloomberg.

SoftBank Hits a Wall

SoftBank's attempt to secure a $6 billion margin loan tied to OpenAI has stalled, Bloomberg reported this morning. The setback raises fresh questions about leverage and AI deal financing.

Short Sellers and Analysts

Bears added to NNE and CRWV this week, while shorts covered heavily in WOLF. On the analyst front, NKE was cut to consensus hold while DDOG and JBL both received target upgrades. Insider selling at WMT and NVDA topped $400M last week, though NCLH bucked the trend with $25M in director purchases.