Happy "Oracle has lost more than 60% of its value since the peak one year ago" to all those who celebrate
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@gabrielesvelto please can you replicate it with, SK, Samsung, microslop, Nvidia, etc 🥺🥺🥺🥺🥺
@Noxie Microsoft and SK are a bit lower than where they were one year ago, the others will come down eventually when the AI bubble bursts. Oracle will have a part in it since it pledged to buy a lot of hardware. Once it runs out of money to pay the others it'll be a really cool domino. 🍿
@gabrielesvelto me millennial having lived through recession after recession from my most early days, just waiting to watch the world burn 😅
@gabrielesvelto
It couldn't have happened to a nicer company.
@gabrielesvelto I want to see him permanently driven from his Hawaiian compound and the land reclaimed by natives.
@gabrielesvelto Is that thanks to, or in spite of AI?
@Scubyw my guess is thanks to AI. Oracle is massively indebted because of that, and they also have negative cash flows so they can't even buy back their shares to prop the price.
@gabrielesvelto
Wonderful!! I just received notice of my Oracle privacy settlement. I'm curious how much it is. Recently the one from Facebook was around $30. Can't remember exactly. That was for stealing all my data back in the Cambridge Analytica era. That's how long it took. 😐
Guess the Oracle didn’t foresee that.
@gabrielesvelto HELL YESSSS IM BRINGING OUT THE WINE
@gabrielesvelto is Oracle a currency?
@2003MugishaPhocit it is a large tech company that has heavily invested in AI and whose owner has been an enthusiastic supporter of the Trump administration
@gabrielesvelto okay,
And I have heard most Americans not supporting Trump,is it the same story with you?
@gabrielesvelto Each time I see these Oracle charts, I run a backup of my Oracle "Always Free" cloud instance. 🥲
@gabrielesvelto I'm imagining a world where you don't have to ship the entire language version in your .jar file because Oracle has poisoned the ecosystem. Small efficient downloads. It's a beautiful dream.
@gabrielesvelto Looks like investors are starting to question if Oracle will actually get paid for all the data centre buildouts they have been doing for the AI companies.
@gabrielesvelto Everyone not named Ellison should celebrate, but holy hell is that price still high.
Thank you Gabriele that is the sexiest photo I think I’ve ever seen.
Couldn’t have happened to a shittier human or a more useless piece of software.
