Coundn't happen to a more deserving billionaire
12 replies (most recent on top)
@qb Please don't advertise your desired s-xual desires here, yuck. Get a room and take it up yer pooter there OK?
The RIFs haven't been big enough. Now the stockholders are pi---d.
Oracle (NYSE: ORCL) stock is trading around $150, down nearly 23% year-to-date and about 56% below its 52-week high of $345.72. Despite record-breaking AI demand and a staggering $638 billion backlog, the stock has been pressured by massive capital expenditures (CAPEX), rising debt, and concerns over AI-related workforce restructuring.
@OP Their 5 day, 1 month, ytd, and 1 year stock prices are all negative. It’s 5 year is positive but pitiful compared to the tech leaders.
Bigger layoffs are the only way forward now.
Ain’t seen nothing yet!!!
Just wait until they dilute the shares to raise the capex they announced in earnings call!!!
@dg it’s going to keep sliding also
It's down again today, LOL.
The company has lost it's way, to many bad decisions. They started becoming a reactive company and not a leader like they used to be
@bx Sure they will, then sell off the real estate for a profit! They sure wouldn't buy it for the technology
@bk no they won't.
When it gets to $1 Microsoft buys it.