Happy "Oracle has lost more than 60% of its value since the peak one year ago" to all those who celebrate

[frumble@chaos.social]

@gabrielesvelto Each time I see these Oracle charts, I run a backup of my Oracle "Always Free" cloud instance. 🥲

[2003mugishaphocit@mastodon.social]

@gabrielesvelto is Oracle a currency?

[jcfarris@infosec.exchange]

@gabrielesvelto Now where are the margin calls that will scuttle the Warner deal.

[kameleonnn@mastodon.social]

@gabrielesvelto HELL YESSSS IM BRINGING OUT THE WINE

[gabrielesvelto@mas.to]

@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

[jackmexa4@mastodon.social]

@gabrielesvelto

Guess the Oracle didn’t foresee that.

[2003mugishaphocit@mastodon.social]

@gabrielesvelto okay,
And I have heard most Americans not supporting Trump,is it the same story with you?

[beachbum@mastodon.sdf.org]

@gabrielesvelto

[beachbum@mastodon.sdf.org]

@gabrielesvelto

[lin11c@toad.social]

@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.

[elizafox@social.treehouse.systems]

@gabrielesvelto

> Is ORCL a long-term buy?

It's a long-term short!

[rphlegm@indieweb.social]

@barbra @gabrielesvelto couldn't happen to a nicer fascist

[maddy@thegayagenda.fans]

@gabrielesvelto@mas.to Ahh, you love to see it. ​​

[scubyw@mastodon.nz]

@gabrielesvelto Is that thanks to, or in spite of AI?

[gabrielesvelto@mas.to]

@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.

[alephwyr@chitter.xyz]

@gabrielesvelto I want to see him permanently driven from his Hawaiian compound and the land reclaimed by natives.

[alterelefant@mastodontech.de]

@gabrielesvelto
It couldn't have happened to a nicer company.