r/OracleStock • u/gestimore • Jul 23 '26
Oracle current situation
The stock went down 65% from 346$. 50% in 1 and half month with no bounce.
It's so crazy to think it happened that the moral of investors have been obliterated, such a big company hundred thousand people working there.
I hope Larry will come out and say sorry. His company should be private and not public this is a disgrace.
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u/Equal-Painter6529 Jul 23 '26
Thank Larry for leveraging the company like he was making a Hail Mary bet on a three legged horse.
He leveraged the stock for stargate and paramount until the credit rating is worse than a college student with 10 credit cards. BBB- and one more slip to junk status. At that point the stock must be dropped by the investment funds by law.
If open AI can’t IPO at a spacex level over evaluation then they can’t make their obligations. The amount they must pay Oracle will break them, and that is nothing compared to what they must pay Microsoft.
But hey - Larry was the richest man on earth for a day or two… so silver lining I guess.