Comment by nl
9 hours ago
> One needs look no further than Oracle to see a company in dire financial straits.
Oracle had record revenue and profit in the most recent quarter.
That's quite a long way from "dire financial straits"
9 hours ago
> One needs look no further than Oracle to see a company in dire financial straits.
Oracle had record revenue and profit in the most recent quarter.
That's quite a long way from "dire financial straits"
I do hope that works out for them. Sincerely, because the alternative is extremely grim for tech, and the economy as a whole.
https://www.theregister.com/ai-and-ml/2026/07/01/oracle-outl...
Have you ever read a 10K before?
It seems like the author of this piece hasn't.
He says:
> Stock market bettors aren't sure they like these odds. The company's stock is down more than 40 percent in the last month
The stock is down because of the increased interest load and the impact of that in the next couple of quarters, not because of doubts over Oracle's viability.
If there were significant doubts over its viability it would be down a lot more than 40%!