Oracle's surging spending, negative free cash flow and $130 billion debt pile are weighing on the stock.
  • grte@lemmy.caEnglish
    4 days

    Great. I’d love to be able to see a crab rave for Oracle.

  • Pika@sh.itjust.worksEnglish
    4 days

    is oracle on life support yet? I know that they been struggling with making anything innovative for years and have done a pretty good job killing any forward momentum/drive to use their products.

    • SocialMediaRefugee@lemmy.worldEnglish
      4 days

      Their expensive licenses and the rise of free alternatives like mysql and postgresql have been on a crash course for years.

    • krisevol@lemmus.orgEnglish
      4 days

      That’s not exactly what you want though. They bubble has changed the world. The dot com bubble, now everything has the Internet. The railroad bubble, now the country has them everywhere. Amazon bubble when it popped lost 92% of it’s value… Now everyone uses Amazon. If the AI bubble pops, it’s here to stay.

      • justaman123@lemmy.worldEnglish
        4 days

        Ai is definitely here to stay already, it’s gonna get better and worse, but eventually no one will notice it anymore, except rely on it for everything

  • ColeSloth@discuss.tchncs.deEnglish
    4 days

    They spiked way up pretty hard and fast the last 18 months. This is more of a correction after extras didn’t pan out than a company going under. 4 years ago this time of year they were at $74. Right now they’re $149. I doubt it will fall below $130 any time too soon.