I added to my position in Oracle Corporation following a research update from Jefferies Financial Group analyst Brent Thill. While the price target was lowered from $400 to $320, the Buy rating remains intact, reflecting a more conservative view on AI margins rather than weakening fundamentals. Partner survey data still points to expanding AI adoption and stronger pipeline visibility into 2026. Notably, Oracle Cloud Infrastructure is projected to grow about 86%, with roughly $18 billion in net remaining performance obligations. I see the revision as prudent expectation management while long-term cloud and AI demand continues strengthening.