Like the massive upswing we saw with AI this is also an overaction. The market overreacts all the time. Who would have thought that AI would need data centres to run and data centres cost money? Sure the hyperscalers will need to invest large amounts of Capex to build these out before they can fully monetise it. Oracle has many contracts sold and not enough cash runway to build it out and fulfill those contacts right now. They'll find a way to raise that capital though and in the end they'll do just fine. The major difference between this and the dotcom bubble is these companies have perfectly good business models and rising revenues qtr over qtr so really nothing to worry about. Sure they may get a bit over valued now and then due to hype and then correct a little which is what this is. I've been buying a stocks and writing covered call whilst they're range bound and also loading up on LEAPS call options to capture the retracement once it happens.