I'm curious to find out how strong the quarter was...
11 replies (most recent on top)
Is good to see that most of the people face reality that these cloud numbers don't add up. For sure there are the fanatics. These are the same that will buy Apple expensive goggles lol
They just recategorized database and support as cloud. Simple. Anything remotely related to cloud was defined as cloud revenue.
I’m sure all the competitors do it too.
Oracle stock going is a mystery for sure.
You can not trust the paid articles of financial publications.
Hopefully, will stop the lies since articles can't be proven to be true.
Eliminating paid articles & mid mgmt VPs ....stocks will soar w/o manipulation.
Oracle knocked the financials out of the park. Rightsizing continues to pay dividends.
It is interesting that people here keeps saying they have no ideas where does those OCI revenue comes from - no one is using it, DC is empty, etc.
If you are so sure that Oracle cooks the book or reports fake number, dare to call the external auditor, whistle bowler hotline or call SEC ??? You will be richly rewarded.
Yeah I'm not sure where this "cloud" numbers come from. The DCs that hold cloud servers are empty and I don't know many companies that use oracle cloud. Somebody have to start digging deep on this "cloud" data. Oracle does not hold the database marketshare anymore. Java has been passed by Phyton and JavaScript. I don't see any new project being developed using oracle products. SAP and SalesForce walked away from oracle database. Oracle does no have anything related to AI. Something just doesn't add up but if the stock is going up nobody will actually go deep on this.
Oracle is here to stay and I can’t wait to come back at a higher base.
$130 to the moon. If you have RSUs, rejoice today and save the tears for another day
Pretty strong, apparently. ORCL is trading at $120 in after hours.
Larry and Safra know how to juke the numbers. The stock is overvalued, which is great, because I've been selling while I continue to get shafted on bonuses.
Earnings announcement after market close today