{"id":46622,"date":"2026-05-14T04:20:28","date_gmt":"2026-05-14T04:20:28","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/oracle-yapay-zeka-siparis-birikimi-capexi-destekleyince-yukseldi\/"},"modified":"2026-05-14T04:20:28","modified_gmt":"2026-05-14T04:20:28","slug":"oracle-yapay-zeka-siparis-birikimi-capexi-destekleyince-yukseldi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/analysis\/oracle-yapay-zeka-siparis-birikimi-capexi-destekleyince-yukseldi\/","title":{"rendered":"Oracle, Yapay Zek\u00e2 Sipari\u015f Birikimi Capex\u2019i Destekleyince Y\u00fckseldi"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/tr-mena\/wp-content\/uploads\/sites\/9\/2026\/06\/ORCL1-1024x573.webp\" alt=\"\" class=\"wp-image-50115\"\/><\/figure>\n\n\n\n<p><strong>\u00d6ne \u00c7\u0131kanlar<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Oracle hissesi <strong>189,98<\/strong> seviyesinde i\u015flem g\u00f6rd\u00fc; <strong>4,13<\/strong> puan yani <strong>%2,2<\/strong> y\u00fckseldi. G\u00fcn i\u00e7i zirve <strong>191,43<\/strong> oldu.<\/li>\n\n\n\n<li>Wedbush\u2019a g\u00f6re Oracle\u2019\u0131n yapay zek\u00e2 harcamalar\u0131 \u201ctahmine dayal\u0131 b\u00fcy\u00fcme\u201d de\u011fil; g\u00f6r\u00fclebilir talep ve uzun vadeli m\u00fc\u015fteri taahh\u00fctleriyle destekleniyor.<\/li>\n\n\n\n<li>Oracle\u2019da <strong>capex\/RPO oran\u0131<\/strong> (sermaye harcamas\u0131 \/ kalan s\u00f6zle\u015fmeli i\u015f) yakla\u015f\u0131k <strong>%9<\/strong>; benzer \u015firketlerde ortalama <strong>%33,6<\/strong>.<\/li>\n\n\n\n<li>K\u00fcresel piyasalarda yapay zek\u00e2 iyimserli\u011fi g\u00fc\u00e7l\u00fc. Ancak y\u00fcksek enflasyon ve faizlerin daha uzun s\u00fcre y\u00fcksek kalmas\u0131, hisselerde de\u011fer art\u0131\u015f\u0131n\u0131 s\u0131n\u0131rlayabilir.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<p>Oracle hisseleri, Wedbush\u2019un piyasada \u015firketin yapay zek\u00e2 harcama d\u00f6ng\u00fcs\u00fcn\u00fcn yanl\u0131\u015f yorumland\u0131\u011f\u0131n\u0131 savunmas\u0131n\u0131n ard\u0131ndan y\u00fckseldi. Hisse <strong>05\/13 22:59:58 GMT+3<\/strong> itibar\u0131yla <strong>189,98<\/strong> seviyesinde, <strong>4,13<\/strong> puan yani <strong>%2,2<\/strong> art\u0131da i\u015flem g\u00f6rd\u00fc. G\u00fcn i\u00e7i zirve <strong>191,43<\/strong>, dip <strong>185,04<\/strong>, a\u00e7\u0131l\u0131\u015f <strong>188,14<\/strong>, \u00f6nceki kapan\u0131\u015f <strong>185,85<\/strong> oldu.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">To Wall Street, Oracle is a screaming buy. To many investors, however, the company\u2019s relationship with OpenAI, its sizable debt load and the durability of its software business have made owning the stock a risk. <a href=\"https:\/\/t.co\/KgcOAs4eZT\">https:\/\/t.co\/KgcOAs4eZT<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/2050163328446537923?ref_src=twsrc%5Etfw\">May 1, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Wedbush, Oracle\u2019\u0131n y\u00fcksek <strong>sermaye harcamas\u0131n\u0131 (capex: tesis, veri merkezi, sunucu gibi uzun \u00f6m\u00fcrl\u00fc yat\u0131r\u0131mlara ayr\u0131lan b\u00fct\u00e7e)<\/strong> bilan\u00e7o i\u00e7in bir \u201calarm\u201d de\u011fil, stratejik yat\u0131r\u0131m olarak de\u011ferlendirdi. \u015eirkete g\u00f6re Oracle, yapay zek\u00e2 d\u00f6ng\u00fcs\u00fcn\u00fcn bir sonraki a\u015famas\u0131na haz\u0131rlan\u0131yor; bu a\u015famada altyap\u0131, h\u0131z ve veriye eri\u015fim daha kritik hale geliyor.<\/p>\n\n\n\n<p>Oracle\u2019\u0131n <strong>capex\/RPO oran\u0131<\/strong> yakla\u015f\u0131k <strong>%9<\/strong>; benzer \u015firket ortalamas\u0131 <strong>%33,6<\/strong>. Bu tablo, Oracle\u2019\u0131n belirsiz b\u00fcy\u00fcmeyi kovalamaktan \u00e7ok <strong>s\u00f6zle\u015fmeyle ba\u011fl\u0131 talebe<\/strong> kar\u015f\u0131 harcama yapt\u0131\u011f\u0131n\u0131 i\u015faret ediyor.<\/p>\n\n\n\n<p>Bu durum hisse i\u00e7in daha net bir y\u00fckseli\u015f senaryosu yarat\u0131yor. Oracle sadece \u201cbulut\u201d anlatm\u0131yor. \u015eirket, yapay zek\u00e2 altyap\u0131 yat\u0131r\u0131mlar\u0131n\u0131n <strong>birikmi\u015f sipari\u015fi (backlog: teslim edilmemi\u015f, gelire d\u00f6n\u00fc\u015fmeyi bekleyen s\u00f6zle\u015fmeli i\u015f)<\/strong> gelire, m\u00fc\u015fteri sadakatine ve <strong>k\u00e2r marj\u0131 art\u0131\u015f\u0131na<\/strong> \u00e7evrilebildi\u011fini g\u00f6stermek istiyor.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Birikmi\u015f S\u00f6zle\u015fmeler Oracle\u2019\u0131n Yapay Zek\u00e2 Tezini G\u00fc\u00e7lendiriyor<\/h2>\n\n\n\n<p>Oracle\u2019\u0131n <strong>RPO\u2019su<\/strong> (Remaining Performance Obligations: hen\u00fcz faturaland\u0131r\u0131lmam\u0131\u015f, s\u00f6zle\u015fmeye ba\u011flanm\u0131\u015f \u201ckalan i\u015f\u201d tutar\u0131) yat\u0131r\u0131m hik\u00e2yesinin merkezinde. Analist notlar\u0131 RPO\u2019nun yakla\u015f\u0131k <strong>553 milyar dolar<\/strong> oldu\u011funu belirtiyor. Bu, bulut altyap\u0131s\u0131na talep b\u00fcy\u00fcrken takip edilebilecek b\u00fcy\u00fck bir <strong>s\u00f6zle\u015fmeli gelir havuzu<\/strong> anlam\u0131na geliyor.<\/p>\n\n\n\n<p>Tart\u0131\u015fma art\u0131k \u201charcama var m\u0131\u201d de\u011fil, <strong>uygulama ba\u015far\u0131s\u0131<\/strong> \u00fczerine. Y\u00fcksek capex k\u0131sa vadede <strong>serbest nakit ak\u0131\u015f\u0131n\u0131<\/strong> (operasyonlardan gelen nakdin yat\u0131r\u0131mlar sonras\u0131 elde kalan k\u0131sm\u0131) zay\u0131flatabilir. Ancak yapay zek\u00e2 i\u015f y\u00fckleri (y\u00fcksek hesaplama gerektiren kullan\u0131m) b\u00fcy\u00fck bulut s\u00f6zle\u015fmelerine kaymaya devam ederse Oracle\u2019\u0131n konumunu g\u00fc\u00e7lendirebilir.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Michael Burry saying Anthropic was &quot;eating&quot; <a href=\"https:\/\/twitter.com\/search?q=%24PLTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PLTR<\/a> was &quot;like fire in a crowded theater,&quot; Wedbush Securities managing director <a href=\"https:\/\/twitter.com\/DivesTech?ref_src=twsrc%5Etfw\">@DivesTech<\/a> says. <br><br>&quot;That is just stroking fear,&quot; but it creates a &quot;massive opportunity&quot; to own one of the key leaders in the AI revolution, he added. <a href=\"https:\/\/t.co\/438GPx9OPM\">pic.twitter.com\/438GPx9OPM<\/a><\/p>&mdash; Yahoo Finance (@YahooFinance) <a href=\"https:\/\/twitter.com\/YahooFinance\/status\/2042606823073538104?ref_src=twsrc%5Etfw\">April 10, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Wedbush, Oracle\u2019\u0131n \u201cbo\u015fta kapasite\u201d kurmak i\u00e7in de\u011fil, g\u00f6r\u00fclebilir m\u00fc\u015fteri talebini kar\u015f\u0131lamak i\u00e7in harcama yapt\u0131\u011f\u0131 g\u00f6r\u00fc\u015f\u00fcn\u00fc destekliyor.<\/p>\n\n\n\n<p>Piyasa \u015fimdi bu birikmi\u015f i\u015fin bulut gelirlerini ne kadar g\u00fc\u00e7lendirece\u011fine bakacak. Oracle, altyap\u0131 gelirlerini art\u0131r\u0131rken marjlar\u0131 koruyabilirse, piyasa hisseyi daha y\u00fcksek bir <strong>\u00e7arpanla<\/strong> (de\u011ferleme \u00e7arpan\u0131: k\u00e2r ya da sat\u0131\u015flara g\u00f6re fiyat\u0131n ne kadar \u201cpahal\u0131\/ucuz\u201d g\u00f6r\u00fcnd\u00fc\u011f\u00fcn\u00fc g\u00f6steren oran) fiyatlayabilir. Capex, gelire d\u00f6n\u00fc\u015f\u00fcmden h\u0131zl\u0131 artarsa, ayn\u0131 harcama bu kez de\u011ferleme i\u00e7in risk yaratabilir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Yapay Zek\u00e2 \u0130vmesi Teknoloji Hisselerini Destekliyor<\/h2>\n\n\n\n<p>Oracle\u2019daki hareket, k\u00fcresel hisse piyasalar\u0131nda yapay zek\u00e2 \u00f6nc\u00fcl\u00fc\u011f\u00fcndeki y\u00fckseli\u015fle uyumlu. Asya-Pasifik\u2019te hisseler, \u00e7ip ba\u011flant\u0131l\u0131 \u015firketlerdeki al\u0131mlarla Per\u015fembe g\u00fcn\u00fc y\u00fckseldi; MSCI Asya-Pasifik endeksi <strong>%1,2<\/strong>, G\u00fcney Kore KOSPI <strong>%1,7<\/strong> artt\u0131. SK Hynix\u2019in de <strong>1 trilyon dolar<\/strong> piyasa de\u011ferine yakla\u015fmas\u0131, yapay zek\u00e2 altyap\u0131 talebinin fiyatlamalarda ne kadar g\u00fc\u00e7l\u00fc oldu\u011funu g\u00f6steriyor.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Asia-Pacific stocks eye higher open as Trump lands in Beijing for high-stakes Xi meeting <a href=\"https:\/\/t.co\/Zqvs6eevSm\">https:\/\/t.co\/Zqvs6eevSm<\/a><\/p>&mdash; CNBC (@CNBC) <a href=\"https:\/\/twitter.com\/CNBC\/status\/2054711569594888617?ref_src=twsrc%5Etfw\">May 13, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>ABD piyasas\u0131 da ayn\u0131 temaya y\u00f6neliyor. S&amp;P 500 ve Nasdaq, \u00c7ar\u015famba g\u00fcn\u00fc rekor kapan\u0131\u015f yapt\u0131; yapay zek\u00e2 ba\u011flant\u0131l\u0131 teknoloji ve \u00e7ip hisseleri y\u00fckseli\u015fi ta\u015f\u0131d\u0131. Enflasyon verisi y\u00fcksek gelse de piyasa \u015fimdilik faiz riskinden \u00e7ok yapay zek\u00e2n\u0131n k\u00e2rl\u0131l\u0131k potansiyeline a\u011f\u0131rl\u0131k veriyor.<\/p>\n\n\n\n<p>Bu ortam Oracle\u2019a da yar\u0131yor; \u00e7\u00fcnk\u00fc piyasa yapay zek\u00e2 altyap\u0131 harcamalar\u0131na yak\u0131n \u015firketleri \u00f6d\u00fcllendiriyor. NVIDIA, <a href=\"https:\/\/www.vtmarkets.com\/opinion\/amd-stock-ai-growth-valuation-test\/\" target=\"_blank\" rel=\"noreferrer noopener\">AMD<\/a>, Oracle, bulut sa\u011flay\u0131c\u0131lar\u0131 ve veri merkezi \u015firketleri ayn\u0131 temada. Kazananlar, yapay zek\u00e2 talebinin g\u00fc\u00e7l\u00fc olmas\u0131n\u0131n yan\u0131nda <strong>k\u00e2ra da d\u00f6nd\u00fc\u011f\u00fcn\u00fc<\/strong> g\u00f6stermek zorunda.<\/p>\n\n\n\n<figure class=\"wp-block-pullquote\"><blockquote><p><strong><em>Piyasalar\u0131 anlamak, daha \u00f6zg\u00fcvenli i\u015flem yapman\u0131n ilk ad\u0131m\u0131d\u0131r. <a href=\"https:\/\/zoom.us\/webinar\/register\/6417787258141\/WN_EMGhsN4tRVWD7fx18c1B6w\">Yakla\u015fan web seminerimizde<\/a> ABD endekslerinin nas\u0131l \u00e7al\u0131\u015ft\u0131\u011f\u0131n\u0131, piyasay\u0131 neyin hareket ettirdi\u011fini ve yeni ba\u015flayanlar\u0131n i\u015flemlere nas\u0131l daha planl\u0131 yakla\u015fabilece\u011fini ele alaca\u011f\u0131z.<\/em><\/strong><\/p><\/blockquote><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Enflasyon ve Fed Riski Y\u00fckseli\u015fi S\u0131n\u0131rl\u0131yor<\/h2>\n\n\n\n<p>Makro g\u00f6r\u00fcn\u00fcm daha karma\u015f\u0131k. ABD\u2019de \u00fcretici fiyatlar\u0131 ge\u00e7en ay <strong>%1,4<\/strong> artt\u0131; bu, d\u00f6rt y\u0131l\u0131n en b\u00fcy\u00fck art\u0131\u015f\u0131. Art\u0131\u015fta, H\u00fcrm\u00fcz Bo\u011faz\u0131 kaynakl\u0131 petrol arz\u0131 aksamalar\u0131 etkili oldu. Bu veri, ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) yak\u0131n vadede faiz indirimi ihtimalini zay\u0131flatt\u0131; faizlerin daha uzun s\u00fcre y\u00fcksek kalma riskini art\u0131rd\u0131.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">US producer prices surprise with largest increase in four years <a href=\"https:\/\/t.co\/unTPGuZW5T\">https:\/\/t.co\/unTPGuZW5T<\/a> <a href=\"https:\/\/t.co\/unTPGuZW5T\">https:\/\/t.co\/unTPGuZW5T<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/2054625257672065200?ref_src=twsrc%5Etfw\">May 13, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Y\u00fcksek faizler, \u00f6zellikle \u201cuzun vadeli b\u00fcy\u00fcme\u201d hisselerinde bask\u0131 yaratabilir. Burada ama\u00e7, k\u00e2r\u0131n daha \u00e7ok gelecekte beklendi\u011fi \u015firketlerdir; faiz y\u00fckselince bu gelecekteki k\u00e2rlar\u0131n bug\u00fcnk\u00fc de\u011feri d\u00fc\u015fer. Oracle\u2019\u0131n yapay zek\u00e2 hik\u00e2yesi destekleyici olsa da hisse; tahvil faizleri, enflasyon ve dolar\u0131n g\u00fcc\u00fcne duyarl\u0131 bir piyasada fiyatlan\u0131yor.<\/p>\n\n\n\n<p>Trump\u2013Xi zirvesi de g\u00fcndemde. Piyasa, Pekin\u2019deki g\u00f6r\u00fc\u015fmelerin ticaret ve teknolojiye dair verece\u011fi sinyalleri izliyor. Daha \u0131l\u0131ml\u0131 bir ton teknoloji hisselerini destekleyebilir. Ticaretin sertle\u015fmesi ya da ihracat k\u0131s\u0131tlar\u0131, \u00f6zellikle \u00e7ipler, bulut kapasitesi ve s\u0131n\u0131r a\u015fan talebe ba\u011fl\u0131 yapay zek\u00e2 altyap\u0131 \u015firketlerini bask\u0131layabilir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Teknik Analiz<\/h2>\n\n\n\n<p>Oracle, Nisan\u2019daki <strong>134,55<\/strong> dip seviyesinden toparlanmay\u0131 s\u00fcrd\u00fcr\u00fcyor; hisse <strong>189,98<\/strong> civar\u0131nda. Yapay zek\u00e2 altyap\u0131s\u0131 ve kurumsal bulut alan\u0131nda al\u0131m i\u015ftah\u0131 artarken grafik g\u00f6r\u00fcn\u00fcm\u00fc son bir ayda belirgin bi\u00e7imde g\u00fc\u00e7lendi. Ancak fiyat, psikolojik <strong>200<\/strong> seviyesinin hemen alt\u0131ndaki \u00f6nemli <strong>dirence<\/strong> yakla\u015f\u0131yor.<\/p>\n\n\n\n<p>Teknik g\u00f6r\u00fcn\u00fcmde yukar\u0131 y\u00f6nl\u00fc trend korunuyor:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>MA5:<\/strong> 191,84 (<strong>5 g\u00fcnl\u00fck hareketli ortalama<\/strong>: son 5 g\u00fcn\u00fcn ortalama fiyat\u0131)<\/li>\n\n\n\n<li><strong>MA10:<\/strong> 185,28 (<strong>10 g\u00fcnl\u00fck hareketli ortalama<\/strong>)<\/li>\n\n\n\n<li><strong>MA20:<\/strong> 180,12 (<strong>20 g\u00fcnl\u00fck hareketli ortalama<\/strong>)<\/li>\n<\/ul>\n\n\n\n<p>K\u0131sa vadeli hareketli ortalamalar\u0131n 20 g\u00fcnl\u00fc\u011f\u00fcn \u00fczerinde s\u0131ralanmas\u0131 ve fiyat\u0131n trendin \u00fcst\u00fcnde kalmas\u0131, genelde al\u0131c\u0131lar\u0131n g\u00fc\u00e7l\u00fc oldu\u011funu ve y\u00fckseli\u015f ivmesinin s\u00fcrd\u00fc\u011f\u00fcn\u00fc g\u00f6sterir.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/tr-mena\/wp-content\/uploads\/sites\/9\/2026\/06\/image-17-1024x474.jpg\" alt=\"\" class=\"wp-image-50114\"\/><\/figure>\n\n\n\n<p>\u0130zlenecek seviyeler:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Yak\u0131n destek:<\/strong> 185 \u2192 180 (<strong>destek<\/strong>: d\u00fc\u015f\u00fc\u015fte al\u0131c\u0131lar\u0131n daha \u00e7ok geldi\u011fi seviye)<\/li>\n\n\n\n<li><strong>Ana destek:<\/strong> 175 \u2192 151<\/li>\n\n\n\n<li><strong>Diren\u00e7:<\/strong> 190\u2013199 \u2192 207,54 (<strong>diren\u00e7<\/strong>: y\u00fckseli\u015fte sat\u0131\u015flar\u0131n artt\u0131\u011f\u0131 seviye)<\/li>\n<\/ul>\n\n\n\n<p><strong>190\u2013199<\/strong> band\u0131, son toparlanman\u0131n \u00fcst s\u0131n\u0131r\u0131na denk geldi\u011fi i\u00e7in kritik. Fiyat May\u0131s ba\u015f\u0131nda bu b\u00f6lgeye yakla\u015f\u0131p geri \u00e7ekilmi\u015fti; piyasa \u015fimdi yeniden yukar\u0131 k\u0131rmay\u0131 (direncin \u00fcst\u00fcne \u00e7\u0131kmay\u0131) deniyor.<\/p>\n\n\n\n<p>Al\u0131c\u0131lar <strong>199\u2013200<\/strong> diren\u00e7 alan\u0131n\u0131 a\u015farsa, Oracle <strong>207,54<\/strong> civar\u0131ndaki Ocak zirvesini yeniden test edebilir. Bu seviyenin \u00fczerinde kal\u0131c\u0131l\u0131k, uzun vadeli y\u00fckseli\u015f g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc g\u00fc\u00e7lendirebilir.<\/p>\n\n\n\n<p>A\u015fa\u011f\u0131da ilk g\u00fc\u00e7l\u00fc destek alan\u0131, y\u00fckselen <strong>10<\/strong> ve <strong>20<\/strong> g\u00fcnl\u00fck hareketli ortalamalar\u0131n bulundu\u011fu <strong>180\u2013185<\/strong> band\u0131nda. Hisse bu \u00e7izgilerin \u00fczerinde kald\u0131k\u00e7a toparlanma e\u011filimi korunabilir.<\/p>\n\n\n\n<p>Y\u00fckseli\u015f, Oracle\u2019\u0131n yapay zek\u00e2 ekosistemindeki konumuna dair alg\u0131n\u0131n g\u00fc\u00e7lendi\u011fini de yans\u0131t\u0131yor. Piyasa, \u015firketi \u00f6zellikle bulut ortakl\u0131klar\u0131, veri merkezi b\u00fcy\u00fcmesi ve yapay zek\u00e2 i\u015f y\u00fcklerini bar\u0131nd\u0131rma kapasitesi sayesinde, kurumsal talep taraf\u0131nda b\u00fcy\u00fcyen bir altyap\u0131 oyuncusu olarak g\u00f6r\u00fcyor.<\/p>\n\n\n\n<p>B\u00fcy\u00fck bulut \u015firketlerinin harcamalar\u0131 ve yapay zek\u00e2 altyap\u0131 yat\u0131r\u0131mlar\u0131yla ilgili s\u00f6ylem, hisseyi yar\u0131 iletken ve kurumsal yaz\u0131l\u0131m sekt\u00f6rleriyle birlikte destekledi. Piyasa ayr\u0131ca Oracle\u2019\u0131n yapay zek\u00e2 talebini \u00f6n\u00fcm\u00fczdeki \u00e7eyreklerde daha g\u00fc\u00e7l\u00fc bulut gelirine \u00e7evirip \u00e7eviremeyece\u011fini izleyecek.<\/p>\n\n\n\n<p>Toparlanma s\u00fcrecinde i\u015flem hacmi a\u015f\u0131r\u0131 y\u00fckselmedi. Bu, hareketin daha \u00e7ok b\u00fcy\u00fck kurumlar\u0131n kademeli al\u0131m\u0131 (kurumsal birikim) gibi g\u00f6r\u00fcnd\u00fc\u011f\u00fcne i\u015faret eder.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Temkinli Tahmin<\/h2>\n\n\n\n<p>Oracle, <strong>185,28<\/strong> ve <strong>180,12<\/strong> seviyelerinin \u00fczerinde kald\u0131\u011f\u0131 s\u00fcrece g\u00f6r\u00fcn\u00fcm pozitif. <strong>191,84<\/strong> \u00fczerinde bir kapan\u0131\u015f, k\u0131sa vadeli g\u00f6r\u00fcn\u00fcm\u00fc g\u00fc\u00e7lendirerek <strong>199,13<\/strong> hedefini \u00f6ne \u00e7\u0131karabilir.<\/p>\n\n\n\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\"><summary><strong>Yat\u0131r\u0131mc\u0131 Sorular\u0131<\/strong><\/summary>\n<p><strong>Oracle Hissesi Neden Y\u00fckseliyor?<\/strong><\/p>\n\n\n\n<p>Oracle hissesi, Wedbush\u2019un \u015firketin yapay zek\u00e2 yat\u0131r\u0131m stratejisini desteklemesinin ard\u0131ndan y\u00fckseldi. Kuruma g\u00f6re Oracle\u2019\u0131n y\u00fcksek sermaye harcamas\u0131, tahmine dayal\u0131 b\u00fcy\u00fcme de\u011fil; net m\u00fc\u015fteri talebi ve uzun vadeli s\u00f6zle\u015fme taahh\u00fctleriyle destekleniyor.<\/p>\n\n\n\n<p>ORCL <strong>189,98<\/strong> seviyesinde, <strong>4,13<\/strong> puan yani <strong>%2,2<\/strong> art\u0131da i\u015flem g\u00f6r\u00fcrken g\u00fcn i\u00e7i zirve <strong>191,43<\/strong> oldu.<\/p>\n\n\n\n<p><strong>Oracle Hissesinin G\u00fcncel Fiyat\u0131 Ne?<\/strong><\/p>\n\n\n\n<p>Oracle <strong>189,98<\/strong> seviyesinde i\u015flem g\u00f6rd\u00fc. G\u00fcn i\u00e7i zirve <strong>191,43<\/strong>, dip <strong>185,04<\/strong>, a\u00e7\u0131l\u0131\u015f <strong>188,14<\/strong>, \u00f6nceki kapan\u0131\u015f <strong>185,85<\/strong> oldu.<\/p>\n\n\n\n<p><strong>Oracle\u2019\u0131n Yapay Zek\u00e2 Harcamas\u0131 Neden G\u00fcndemde?<\/strong><\/p>\n\n\n\n<p>Yat\u0131r\u0131mc\u0131lar, y\u00fcksek <strong>capex<\/strong>in (uzun vadeli yat\u0131r\u0131mlara harcanan b\u00fct\u00e7e) risk mi yoksa uzun vadeli avantaj m\u0131 oldu\u011funu tart\u0131\u015f\u0131yor. Wedbush, Oracle\u2019\u0131n yapay zek\u00e2 d\u00f6ng\u00fcs\u00fcn\u00fcn yeni a\u015famas\u0131na haz\u0131rland\u0131\u011f\u0131n\u0131; bu a\u015famada altyap\u0131, h\u0131z ve veriye eri\u015fimin daha \u00f6nemli olaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcn\u00fcyor.<\/p>\n\n\n\n<p><strong>Oracle\u2019\u0131n Yapay Zek\u00e2 Capex\u2019i Risk mi?<\/strong><\/p>\n\n\n\n<p>Y\u00fcksek capex k\u0131sa vadede serbest nakit ak\u0131\u015f\u0131n\u0131 bask\u0131layabilir. Ancak Wedbush, harcamalar\u0131n talep taraf\u0131ndan desteklendi\u011fini savunuyor. Oracle\u2019da <strong>capex\/RPO oran\u0131<\/strong> yakla\u015f\u0131k <strong>%9<\/strong>; benzer \u015firket ortalamas\u0131 <strong>%33,6<\/strong>.<\/p>\n\n\n\n<p>Daha d\u00fc\u015f\u00fck oran, Oracle\u2019\u0131n belirsiz talebi kovalamad\u0131\u011f\u0131n\u0131; b\u00fcy\u00fck bir s\u00f6zle\u015fmeli i\u015f birikimine kar\u015f\u0131 yat\u0131r\u0131m yapt\u0131\u011f\u0131n\u0131 g\u00f6sterebilir.<\/p>\n\n\n\n<p><strong>Capex\/RPO Oran\u0131 Ne Anlama Geliyor?<\/strong><\/p>\n\n\n\n<p><strong>Capex\/RPO oran\u0131<\/strong>, \u015firketin sermaye harcamas\u0131n\u0131 <strong>RPO<\/strong> ile kar\u015f\u0131la\u015ft\u0131r\u0131r. Daha d\u00fc\u015f\u00fck oran, \u015firketin harcamas\u0131na k\u0131yasla daha b\u00fcy\u00fck bir s\u00f6zle\u015fmeli gelir taban\u0131 oldu\u011funu g\u00f6sterebilir.<\/p>\n<\/details>\n\n<p>\n\n<p><strong>Hemen i\u015flem yapmaya ba\u015flay\u0131n &#8211; Ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in <a href=\"https:\/\/www.vtmarkets.com\/tr\/trade-now\/\">buraya<\/a> t\u0131klay\u0131n <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>Oracle\u2019da AI r\u00fczg\u00e2r\u0131: Wedbush, y\u00fcksek capex\u2019i \u201calarm\u201d de\u011fil, s\u00f6zle\u015fmeli talebe dayal\u0131 strateji g\u00f6r\u00fcyor. ORCL %2,2 y\u00fckseldi. Capex\/RPO %9\u2019la d\u00fc\u015f\u00fck. Enflasyon-faiz riski \u00e7arpan\u0131 s\u0131n\u0131rlayabilir.<\/p>\n","protected":false},"author":87,"featured_media":46621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-46622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=46622"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46622\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/46621"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}