Derrick Wood (TD Cowen) and Steven Dickens (HyperFRAME Research) join Diane King Hall for a wide-ranging look at Oracle (ORCL). The company's been busy this week announcing new leadership changes with a pair of co-CEOs replacing Safra Catz, before providing updates on its $500B Project Stargate endeavor with OpenAI. Derrick and Steven dissect the company's massive A.I. capex spending outlook and provide their thoughts on Oracle's connection to onshoring TikTok operations in the U.S.