Oracle's cash burn and backlog both beat estimates as customers cover part of the AI bill

Crypto Insight Summary: Oracle says customers prepaid $11.36 billion of its Q1 capital spending, a disclosure analysts call bullish after a year of AI cash-burn fears, as cash burn and backlog both beat estimates. Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Oracle's strong financials don't directly impact crypto markets.