Guavaxf3006
09-16

This is not surprising and I did see this happen when they first announced their last quarter results. The worry here is this did not just happen to Oracle, but also Marvell, Coreweave, Nividia, etc. All annouced sterling results which mostly beat revious results but also expectations of analyst. What this may suggest is, the market is completely out of sync with reality and much of today's valuation is really unrealistic. And also, the market is very very retail driven. This is dangerous as these are people who are mostly sheep following the calls of investment "gurus". And they are the ones who are buying with borrowed funds. Look what happened to the KOSPI last month to understand what is happening. And with the bond yields going nuts, plus Kezin Walsh now expected to raise rates, not once but possibky three times before the end of the year, these have all got the ingredients of a major shock for the stock market.


Beware.

Oracle's Stock Falls for the Fifth Day in a Row - Missing Out on the AI Bounce

Oracle's stock has been known to move in step with the ups and downs of OpenAI's news cycle - and that drove it to its fifth straight drop on Tuesday.Shares of companies that sell products or...
Oracle's Stock Falls for the Fifth Day in a Row - Missing Out on the AI Bounce

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