• Oracle’s stock has tumbled 30% so far this quarter, headed for its steepest drop since the third quarter of 2001, when it slid almost 34%.
• Investors have grown skeptical about Oracle’s ability to open more server farms for OpenAl.
• Earlier this month, Oracle reported weaker-than-expected quarterly revenue and free cash flow.
longGERN on
Ellison gonna need new face surgery to glue together a smile
Nosemyfart on
Honestly, at this point the more Reddit salivates at the thought of Oracle going down, the more I’m tempted to buy
sanfranchristo on
Following a +50% move in the prior quarter. It’s now up +19% YTD. Almost like it shouldn’t have spiked the way it did to come down from. What are we doing?
Boys4Ever on
Can’t just spend you’re way out of issues and starting to look more and more like 1999
SadOnion2110 on
It’s Still up 17% YTD
It’s more like the Wall Streets is calling the OpenAI deal bogus for now
6 Comments
• Oracle’s stock has tumbled 30% so far this quarter, headed for its steepest drop since the third quarter of 2001, when it slid almost 34%.
• Investors have grown skeptical about Oracle’s ability to open more server farms for OpenAl.
• Earlier this month, Oracle reported weaker-than-expected quarterly revenue and free cash flow.
Ellison gonna need new face surgery to glue together a smile
Honestly, at this point the more Reddit salivates at the thought of Oracle going down, the more I’m tempted to buy
Following a +50% move in the prior quarter. It’s now up +19% YTD. Almost like it shouldn’t have spiked the way it did to come down from. What are we doing?
Can’t just spend you’re way out of issues and starting to look more and more like 1999
It’s Still up 17% YTD
It’s more like the Wall Streets is calling the OpenAI deal bogus for now