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Oracle were 40B in profit in 2024. Now they are out raising debt (again) and equity too, to fund DCs and hardware with no proven return. I cannot comprehend i
by Thev00d00 8mo ago
Oracle were 40B in profit in 2024.
Now they are out raising debt (again) and equity too, to fund DCs and hardware with no proven return.
I cannot comprehend it.
- Ekaros 8mo agoMe neither. Isn't that enough? Does the line always have to go up? It really look like stock market and tech companies are classic gamblers. No gain or profit is good enough to just take it and stop.
- pjmlp 8mo agoUnfortunely yes, that is the MBA school, and then when the gamble fails, it is the employees that get shown the door, because company XYZ did not met their targets. CEO might even get a bonus as payoff for a risky move, from shareholders point of view, go figure this logic.
- dolphinscorpion 8mo agoOther than ego, maybe he sees the writing on the wall for his core business? But seeing all these new AI companies being valued at hundreds of billions must have driven Ellison crazy
- Ekaros 8mo agoCorrect business moves would have been to get Oracle products in all possible AI outputs... Not sure how that could be done, but still an idea.
- Bombthecat 7mo agoIt's 44 percent down the last 3 months...
- iberator 7mo agostock price, not assets.
- hearsathought 7mo ago[flagged]