The stock + 28% pre-market is based on backlog news - Safra said about $455B - 4 multi-billion contracts - so stock-market is buying this, and LE + $70B. Then this backlog is more important than Reve/EPS which was not delivered. Maybe this aligned with META +$600B CAPEX - what Mark said being with Trump last week, but then people said it's impossible based on shareholders. It's AI FOMO until it's not.
Maybe O will do its own LLM model?
So people are not as important if everything is going UP. Who cares. FOMO until change.
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@c8 Will they pull this off again in December? Or will Mr. Market not be dazzled again by sometime in the future bookings?
it's +40% just today, is it time to sell?
O will not do its own LLM model. Otherwise they wouldn't rush to sign a contract with OpenAPI and onboard ChatGPT5 to Fusion they just announced.
O is trying to "sell pick axes for the gold rush" and positions itself as infra and computation.