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It feels like Oracle has made some massive strategic missteps in the past year. I’m curious if they can turn it around.


Like the OpenAI deal?


I mean bribing trump to get all those sweet government cloud contracts seems like it could end up being either the best bribe ever or a good way to get your company disbanded.


What "massive strategic missteps"? They continue to attract cloud customers coming from Amazon, Google and Microsoft.


They massively over committed to data center deals with debt. Safra leaving is also a big deal. Look at the stock price since she left.


Stock went down 50% in six months. If LE's AI bet is wrong, then they'll have to find some way to pay off the $60B in new debt.


Citations?


I used Google Gemini to confirm before I posted my comment. You're welcome to do the same.


“I used AI to confirm what I said” is not exactly the great comeback you think it is…


It went down 48%, I checked with my eyes instead of going through a hallucination layer.

Edit: sorry- thought this was about the stock price, not about picking up stragglers in cloud computing. I’m gonna contradict Gemini and say that’s bullshit marketing


It wasn't a comeback, it was a truthful answer to your question.


I will wait for Netcraft to confirm.




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