Oracle Corporation (ORCL): Leopold Aschenbrenner is pessimistic about this software stock

We’ve just covered From laid-off researcher to $13.7 billion king: How Leopold Aschenbrenner destroyed the hedge fund world and Oracle Corporation (NYSE:ORCL) is third on this list.

Oracle Corporation (NYSE:ORCL) is a new addition to Situational Awareness LP’s 13F portfolio. The fund announced a new stake in the company in first quarter 2026 filings. This holding consists of PUT bets worth nearly 7 million shares. The company provides products and services for enterprise information technology environments worldwide. Cloud services make up the largest share of the company’s revenue mix. In recent months, Oracle has begun building data centers within AWS, Azure and Google Cloud. It is also collaborating with OpenAI on a $300 billion Stargate AI project. The company’s backlog totals nearly half a trillion dollars.

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