Following a remarkable 36% surge, Oracle's stock price took a sharp downturn last night, closing over 6% lower and finally resting at $307.86. Earlier, Oracle unveiled its earnings report, forecasting significant growth in cloud infrastructure revenue for fiscal year 2026. The report highlighted that unrealized performance obligations (RPO) could soar as high as $455 billion, marking an astonishing 359% year-on-year spike. According to reports, OpenAI is set to buy a staggering $300 billion worth of computing power services from Oracle over the next five years. This development has sparked concerns and skepticism among analysts. Some have noted that nearly the entirety of the pending orders originates from OpenAI, which has tempered market enthusiasm for Oracle. JPMorgan Chase opines that the market might have glossed over critical issues such as customer concentration, the timing of revenue recognition, profit margins, and capital expenditures for infrastructure development. Morgan Stanley, in contrast, projects that only roughly 10% of the $455 billion RPO can be converted into revenue within the upcoming 12 months. Presently, the orders are heavily concentrated among AI behemoths, presenting a risk of over-reliance on a single entity.