.... 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.
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%
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.
Is it fundamentally weird that massive companies have such massive spikes of essentially imaginary valuation? Isn't the only useful thing we get out of turning our economy into a casino accurate pricing driven by market forces? How can this market decide if a massive established figure is worth $300 or $150 decades after its creation?
I did it back when I had zero dollars and lots of time. Probably stand up my own box now. I honestly don't need much since I don't host game servers or anything anymore, just a discord bot.
I'm not too knowledgeable on Oracle. What do they actually do? Where does all that money come from? It just looks like they're trading in personal data from my POV.
A lot of enterprise software and cloud computing mostly. They've got logistics software, HR software, management software, database software, etc. Then they've got the Oracle cloud with a suite of services.
I wish we were still at the point where they might look vaguely human. No, they’ve long since morphed into a living pestilence in both body and mind. Just one more county in middle America, bro.
Ugh, even when I no longer go there, they still manage to piss me off. Still, siphoning pennies from them with image hosting costs outweighs my minor annoyance. Self hosting is costly
Larry Ellison is famous for being the most eggregious at financing his lifestyle tax free by taking out loans (doesn't count as income) against his stock. His Zionazi/MAGA media (WB, tiktok) takeovers are financed by his loans on Oracle stock. UAE may one day soon, back out of it's Zionist assistance in WB takeover, which Ellison has had to promise to fully backstop. 30% of his Oracle ownership was secured to loans in 2025. Extra $40B guarantee for WB puts him closer to bankruptcy. Tiktok investment was purely for zionazi media control. All profits go to bytedance still. WB purchase is also pure zionazi motivated, as it is grossly overpriced takeover.
Forced sale of Oracle stock would incur a huge tax bill, and lenders seizing the shares also gives him the same tax bill, afaiu.
54 Comments
Blackfeathr@lemmy.world · 154 pts · 138d
Larry Ellison is a MAGA fuckwad
SeductiveTortoise@piefed.social · 58 pts · 137d
That's good to know, but I don't really need another reason to hate Oracle. I've been doing this for years and years.
neukenindekeuken@sh.itjust.works · 32 pts · 137d
He's also very likely fucked kids. His name appears in 85 Epstein documents. So far.
ColeSloth@discuss.tchncs.de · 102 pts · 137d
.... 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.
SupraMario@lemmy.world · 16 pts · 137d
While I agree, the more people who see that Oracle tanked on the AI trend, the better.
GottaHaveFaith@fedia.io · 3 pts · 137d
yeah they're just back to last year march values, also the fall started October and has been steady, nothing to do with these news
muusemuuse@sh.itjust.works · 69 pts · 137d
If the end result of all this AI mess is the death of Oracle I’m okay with it.
mojofrododojo@lemmy.world · 18 pts · 137d
kinda long overdue
raicon@lemmy.world · 68 pts · 138d
Good, fuck them.
ceenote@lemmy.world · 55 pts · 138d
I thought it might be y-axis fuckery, but nah their stock has actually tanked.
Not_mikey@lemmy.dbzer0.com · 19 pts · 137d
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%
violentfart@lemmy.world · 6 pts · 137d
It’s still misleading; overall it’s back to a “normal” trajectory.
Gullible@sh.itjust.works · 16 pts · 137d
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.
jaredwhite@humansare.social · 51 pts · 137d
If we're really super lucky the Paramount/WB merger falls apart because Daddy's shiny money just ain't there no more.
Hotzmon@fedinsfw.app · 33 pts · 137d
Oracle has been dying company for last 20 years, their horrible db licensing and cash cow strategy has ensured it.
vane@lemmy.world · 31 pts · 137d
They're still good 5 years performance +109.54% 1 year performance +4.97%
michaelmrose@lemmy.world · 11 pts · 137d
Is it fundamentally weird that massive companies have such massive spikes of essentially imaginary valuation? Isn't the only useful thing we get out of turning our economy into a casino accurate pricing driven by market forces? How can this market decide if a massive established figure is worth $300 or $150 decades after its creation?
Brainsploosh@lemmy.world · 5 pts · 137d
The answer is surprisingly easy, the valuation comes from the price people are willing to pay for the stock.
People seem to believe the AI hype will increase value, or at least are willing to bet that it will, and thus are willing to pay more for it.
not_IO@lemmy.blahaj.zone · 3 pts · 137d
one day later it's down to 104% so 5 less
Unpigged@lemmy.dbzer0.com · 31 pts · 137d
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.
Baggie@lemmy.zip · 25 pts · 137d
Imagine making a computer that can't count
Einskjaldi@lemmy.world · 4 pts · 137d
It can count but it's easily distracted, and will make something up if it forgets a detail halfway.
Baggie@lemmy.zip · 2 pts · 137d
Bro I already have ADHD just let me do it instead
ivanafterall@lemmy.world · 3 pts · 137d
I can't even imagine making a computer that can count.
Baggie@lemmy.zip · 4 pts · 137d
Just hit sand with enough lightning you'll eventually get something
mushroommunk@lemmy.today · 24 pts · 137d
That reminds me. I've been abusing their free tier. Need to line something else up to replace them for when they finish collapsing.
Alk@sh.itjust.works · 13 pts · 137d
I guess I'm lucky they never let me sign up with a Proton email because it was "suspicious" and went with a cheap ovh droplet instead.
mushroommunk@lemmy.today · 3 pts · 137d
I did it back when I had zero dollars and lots of time. Probably stand up my own box now. I honestly don't need much since I don't host game servers or anything anymore, just a discord bot.
DaMummy@hilariouschaos.com · 2 pts · 137d
I'm not too knowledgeable on Oracle. What do they actually do? Where does all that money come from? It just looks like they're trading in personal data from my POV.
mushroommunk@lemmy.today · 4 pts · 137d
A lot of enterprise software and cloud computing mostly. They've got logistics software, HR software, management software, database software, etc. Then they've got the Oracle cloud with a suite of services.
imsufferableninja@sh.itjust.works · 2 pts · 137d
Same
khannie@lemmy.world · 20 pts · 137d
Mad props to whoever shorted back in September.
Gullible@sh.itjust.works · 20 pts · 138d
Just one more processor and just one more stick of ram and we’ll finally be up and running. Just one more data center bro. Just one more river, come on, we’re so close, bro.
lemmyng@lemmy.world · 16 pts · 137d
JESUS CHRIST, A LITTLE WARNING NEXT TIME?!
I totally though it'd be the image of the white techbro-lookin dude with tears in his eyes.
Gullible@sh.itjust.works · 7 pts · 137d
I wish we were still at the point where they might look vaguely human. No, they’ve long since morphed into a living pestilence in both body and mind. Just one more county in middle America, bro.
grue@lemmy.world · 12 pts · 137d
Don't link images from Reddit. They do some fuckery where they redirect from the bare file to an HTML page containing it.
Just straight-up steal the image and re-upload it to Lemmy instead, like this (hidden in a spoiler tag in this case because WTF):
::: spoiler spoiler
cageythree@lemmy.ml · 6 pts · 137d
Having your URL end with .../file.ext and not linking to the raw file.ext should be illegal.
Gullible@sh.itjust.works · 4 pts · 137d
Ugh, even when I no longer go there, they still manage to piss me off. Still, siphoning pennies from them with image hosting costs outweighs my minor annoyance. Self hosting is costly
CultLeader4Hire@lemmy.world · 12 pts · 137d
I know someone who works there who’s a huge lazy asshole I hope he got laid off
bigkahuna1986@lemmy.ml · 17 pts · 137d
You've met Larry Ellison too?
AlboTheGuy@feddit.nl · 9 pts · 137d
Oh so that's why they've suddenly been arrassing my company for license money
massive_bereavement@fedia.io · 9 pts · 137d
I haven't drank in a while, but I'll get loose as a goose if I get to dance over Oracle's grave.
Brummbaer@pawb.social · 8 pts · 137d
Don't give me hope.
humanspiral@lemmy.ca · 8 pts · 137d
Larry Ellison is famous for being the most eggregious at financing his lifestyle tax free by taking out loans (doesn't count as income) against his stock. His Zionazi/MAGA media (WB, tiktok) takeovers are financed by his loans on Oracle stock. UAE may one day soon, back out of it's Zionist assistance in WB takeover, which Ellison has had to promise to fully backstop. 30% of his Oracle ownership was secured to loans in 2025. Extra $40B guarantee for WB puts him closer to bankruptcy. Tiktok investment was purely for zionazi media control. All profits go to bytedance still. WB purchase is also pure zionazi motivated, as it is grossly overpriced takeover.
Forced sale of Oracle stock would incur a huge tax bill, and lenders seizing the shares also gives him the same tax bill, afaiu.
Formfiller@lemmy.world · 7 pts · 137d
Larry Ellison is a danger to the entire world.
victorz@lemmy.world · 4 pts · 137d
Great visualization of sunk cost 😅
Steamymoomilk@sh.itjust.works · 4 pts · 137d
They fell off sense the bought sun Microsystems
spitfire@lemmy.world · 3 pts · 137d
I hope they go down even further. Shitty company with a shotty owner.
Babalugats@feddit.uk · 3 pts · 138d
SAP
LemmyBruceLeeMarvin@lemmy.ml · 3 pts · 137d
Get wrecked Ellison
mojofrododojo@lemmy.world · 2 pts · 137d
anyone have confirmation on that 30,000 number?
kilgore_trout@feddit.it · 3 pts · 137d
The article linked in the OP: https://thenextweb.com/news/oracle-layoffs-march-2026
mojofrododojo@lemmy.world · 0 pts · 137d
TY!
apftwb@lemmy.world · 1 pts · 137d
There goes AI getting rid of jobs.