Oracle Pumps, CPI Comes In at 2.4%, and Bitcoin Miners Are NOT Dumping

Rigatoni Capital Podcast · Mar 11, 2026 · 34m

Oracle reported last night and the stock is jumping, CPI came in at 2.4% in line with expectations, and I walk through what both of those mean for the market and for long term investors.

On Oracle, the numbers were strong across the board. Total revenue came in at $17.2 billion, up 22% year over year. Cloud revenue surged 44% and infrastructure revenue jumped 84%. The company also raised its fiscal year 2027 revenue guidance to $90 billion. For a stock that had been beaten down over 20% year to date, this was the print the bulls needed.

CPI for February came in at 2.4% year over year…