u/francesco-1

Players of neocloud sector are still far from its own all time highs to there might still be room for a raise according to good coming earnings and guidance.

New catalyzers might be a decrease of rates and improving results of CPI YY and MM, furthermore the oil price which should lower.

I’m talking about nebius, oracle, Coreweave, Iren and someone more as neo cloud companies.

What are your thoughts about the price of Oracle by the end of the year ?

People said that the drawdown was over when oracle hit 140 usd as well as it was 40% down from 52 weeks high.

It hit the new 52 weeks bottom several times in the previous days.

Oracle stock started dropping since June 2nd, one week before earnings, while other tech and AI players were raising to all time highs.
And when the broad market and index and other tech companies drop, it is still worse for oracle, more volatile than a crypto even on a daily basis.

Friends from US, do you have any news ?
Larry Ellison is selling to liquidate in order to give away all his net worth to someone?

Intel was stuck for 25 years before reaching its all time high. Oracle is tied to OpenAI, what about OpenAI financial situation and when is the fkn backlog turning to revenue for Oracle ?

I hope AI narrative doesn’t slow down other way it is becoming tough even more, apple was resilient and made the right investments without betting on AI but related to potential future revenue not increasing capex to turn a business like it is easy.

This stock started the drawdown since June 2nd.
I could never think this stock would have gone so deep to the hell.
If someone from US knows anything more about this please just tell me more.

I own 77 shares, DCA 167 usd

I’ve been losing so much each day because of this useless stock. In Italy Stellantis went from 24 EUR to 4,5 EUR two years ago and hasn’t recovered yet.

The stock is living its worst time in history.
Intel lived 25 years without getting near to its all time high.

OKLO recently performed really bad in the last three months (-50%).

Oracle might not be an exception for this, especially if the backlog due to OpenAI will fail because of lack of profit by OpenAI.

The derating of the title to BBB- puts the title with one step in the burning hell.
1Y price target is 252 USD but it is really unlikely it will reach that price.

Oracle started dropping at the beginning of June when indexes and its benchmark market were at all time highs, Oracle was missing its bump due to AI narrative while chip stocks were surging. It missed its bump and if markets go down Oracle will perform even worse.

I have 77 shares, DCA 167 usd.

Oracle will drop more If the indexes go lower.
In the beginning of June the stock price started falling down meanwhile other tech stocks reached all time highs.

The broad stock market decline could push Oracle stock even more down.
Do you think we reached the real bottom and when is the title growing ?

Target price still sticks at 242 usd
Prove me wrong, when is all the debt getting off and what about the backlog and contracts with OpenAI ?