• vane@lemmy.world
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    1 hour ago


    They’re still good 5 years performance +109.54% 1 year performance +4.97%

  • ColeSloth@discuss.tchncs.de
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    4 hours ago

    … So oracle has been pretty much a straight and slow climb in valuation since 2002.

    They had a significant and fast “spike” for pretty much the year of 2025 and then dropped back down to that same slow climb trend (if you ignore the 2025 spike, their chart would look the same as it has for the past 20 years of mostly slow upwards momentum).

    Upon the news today, their stock went up 6%.

    In other words, like most things shown to you, you’ve been presented with cherry picked data points to align with the agenda that the presenter wants you to have.

    As a side note, I wish about 95% of all ai would burn to the ground, along with Oracle.

  • Unpigged@lemmy.dbzer0.com
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    4 hours ago

    Oracle’s software is massively used to count money. Now there’s AI in there. The AI is terrible at counting.

    We are about to experience the whole new dimension of fuuuuuuuck.

  • ThePuy@feddit.nl
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    4 hours ago

    Oh so that’s why they’ve suddenly been arrassing my company for license money

  • Hotzmon@fedinsfw.app
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    6 hours ago

    Oracle has been dying company for last 20 years, their horrible db licensing and cash cow strategy has ensured it.

  • ceenote@lemmy.world
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    8 hours ago

    I thought it might be y-axis fuckery, but nah their stock has actually tanked.

    • Not_mikey@lemmy.dbzer0.com
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      3 hours ago

      More x axis fuckery, if you zoomed out to the period which they actually went all in on AI, about two years ago, you’d see they were rewarded for it with a spike in evaluation, before coming back to earth which OP is showing.

      On the other side if you zoom into today, when the layoff announcement was made, they’re up ~6%

      • F/15/Cali@threads.net@sh.itjust.works
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        6 hours ago

        Receding value does still pose massive problems for a company, between reputation cost and massively reallocating funds they hoped to use. overextension isn’t unusual and the implosion can be terrifying. Hence oracle’s 30000 personnel cuts. Personally, I hope they die horribly. Fuck oracle.