Thread regarding Oracle Corp. layoffs

Here’s Why Nelson Capital Disposed its Oracle Corporation (ORCL) Stake

https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/why-nelson-capital-disposed-oracle-172519406.html

"In the technology sector, we sold our position in Oracle (tkr: ORCL). Oracle is lagging peers in its transition to the cloud and management has continuously reshuffled reporting segments to hide decelerating growth and disappointing results."

by
| 2327 views | | 8 replies (last August 24, 2021) | Reply
Post ID: @OP+1cpTYthN

8 replies (most recent on top)

Just look at the numbers. Safra bragged in the latest earnings report that ORCL spent $2 bil on capex in FY21 and is increasing it to $4 bil. GOOG and MSFT spend $22 bil each, and most of that is data center / infrastructure buildout. ORCL has been outspent by its competition more than 10 to 1. This is Infrastructure as a Service - you must provide infrastructure, and ORCL isn't doing it.

by
| | Reply
Post ID: @5cam+1cpTYthN

Oracle is one very large scam, inside and out. Great work LE! You've taught your followers well.

by
| | Reply
Post ID: @2buw+1cpTYthN

Oracle leadership is a constant circle j*rk session.

by
| | Reply
Post ID: @1mir+1cpTYthN

ORCL doesn’t play by the rules by not showing cloud revenue and only reports revenue that is convenient to them; because if they did, it would be detrimental to their business

by
| | Reply
Post ID: @1aia+1cpTYthN

Does not surprise me!

by
| | Reply
Post ID: @rys+1cpTYthN

Ohhh somebody peeked behind the curtains!

by
| | Reply
Post ID: @rrp+1cpTYthN

Ooooh snap!

by
| | Reply
Post ID: @jjh+1cpTYthN

ORCL = scam

by
| | Reply
Post ID: @lxz+1cpTYthN

Post a reply

: