---
type: "Topics"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/topics/39248386.md"
description: "$Oracle(ORCL.US)Oracle = the next Lehman Brothers - High debt, high leverage, relying on borrowing to sustain expansion- Free cash flow consistently negative, relying on financing to stay afloat- Business highly concentrated, dependent on a single major client, extremely weak risk resistance- Stock price has already halved, institutions are collectively bearish- Once financing tightens and orders fall short of expectations, liquidity will blow up directly Oracle = the next Lehman BrothersThe essence is: betting on AI with high leverage; if cash flow collapses, it's a systemic crash."
datetime: "2026-03-13T13:48:02.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39248386.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39248386.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39248386.md)
author: "[也许。](https://longbridge.com/zh-CN/profiles/19369513.md)"
---

> 支持的语言: [English](https://longbridge.com/en/topics/39248386.md) | [繁體中文](https://longbridge.com/zh-HK/topics/39248386.md)


# $Oracle(ORCL.US)Oracle = the next Lehman Brothers …


### 相关股票

- [Oracle (ORCL.US)](https://longbridge.com/zh-CN/quote/ORCL.US.md)
- [ORACLE CORP DEPOSITARY SH REP 1/2000TH PFD SER D (ORCL-D.US)](https://longbridge.com/zh-CN/quote/ORCL-D.US.md)

## 评论 (2)

- **luyouyuo · 2026-03-13T16:52:25.000Z**: Beauty
- **nnnnnnn · 2026-03-13T14:16:23.000Z**: How come you're so beautiful