I still think this is way too high though. With the current debt, and forthcoming AI apocalypse, this stock is worth $1 !!!!
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Oracle took a giant dump on its shareholders and someone will have to pay. Another 20,000 ICs will no doubt be offered up as a sacrifice for the greater cause.
This predicts ORCL will soon be a Junk Bond.....
https://www.dailymail.com/yourmoney/article-15977129/oracle-openai-stock-market-crash-wall-street-warning.html
127.94*
They will find a way to show that some of the RPO is being recognized as revenue. The dolts on Wall Street will then pump up the price again. The cycle will repeat and only the guys on Wall Street and of course Larry will profit
$129.94
It’s like it’s in a freefall. Maybe LE CM & MS will choke on their debt. Hey how’s that new CFO working out?
Yup, next year days like today will be remembered as "the good ol' days."
Burn, Baby, Burn. So well deserved.
52 Week Low