Jul. 25 at 1:11 AM
$ORCL at this point, i don't know why they wouldn't just cut capex, abandon a data center, sell their
$BE stake, cancel the atm offering, or sell some ram/ssd/hdd that's appreciated.
they haven't even cut the dividend (which i'd also like to see, it makes no sense with the capex). but the market's hammering the shit out of
$ORCL and using their CDS seemingly as a hedge against the entire ai market, which is just further annihilating this.
and it would be nice if that moronic
$PSKY deal collapses, although i guess psky is fucked, either way (overpaying for wbd, paying the ticking fees, or paying the break fee - what a monumentally and obviously stupid deal they negotiated, constantly bidding up), with that
$40B pledge from larry.
building out dc/cloud is the right move, but when the stock is down 67%, the CDS is stupid, and their bond yields are dumb af - just temporarily cut back or something. this is madness.
