I missed what is fueling Oracle

    https://i.redd.it/bgmp0igddcof1.jpeg

    Posted by SpyJigu

    23 Comments

    1. TAKINAS_INNOVATION on

      They basically guided incredible cloud growth. Basically said they’ll do 144 billion in cloud revenue by 2030 which is crazy if they can execute.

      AWS did 115 billion last year so Oracle is basically saying they’ll match it in 5 years. I think it’s really ambitious personally. But we shall see if they can execute on it.

    2. ProofByVerbosity on

      Good for anyone who got in on this play
      I never hear anyone i follow even hint at this play.

    3. MirthandMystery on

      Fake stock pumping optimism about future growth. In order to hit even part of that they’d need to grab huge share from Microsoft etc.

    4. ASK_ABT_MY_USERNAME on

      This is insane growth for a company of this size.

      Seeing some options up 93000.00% today.

    5. Revenue backlog increased significantly which improves earnings expectations and earnings visibility.

    6. I didn’t even know I had Oracle stock until I saw this post. 😂 I was hoping I didn’t miss out. I am not disappointed.

    7. It’s part of the AI bubble. They have been buying and building AI data centers and renting that out.

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