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Oracle stock down 25% for the past month, but still up 35% for the year and 300% for 5 years.
by francisofascii 11mo ago
Oracle stock down 25% for the past month, but still up 35% for the year and 300% for 5 years.
- phoronixrly 11mo agoYeah.. I came hoping to find a silver lining to AI, but completely expecting I'd find this comment.
- smallmancontrov 11mo agoAre they building something useful or did Larry just snag a bunch of GPUs, flip the gpu time for good money, and extrapolate mega exponential growth in his guidance?
- zombiwoof 11mo ago[dead]
- hylaride 11mo agoTL;DR NVIDIA didn't want to have customers be overly concentrated in the 3 already established cloud providers (GCP/Azure/AWS), so reserved kit for others. Oracle won out for essentially being a distant fourth (if even that? Their accountants make Oracle cloud look much larger than it is).
- Spivak 11mo agoThis is every hopium "Stock in Thing You Don't Like Plummeting" article where it's the tiniest little dip at the top of a peak that makes Everest jealous once you zoom out.