That largest stock holding I referred to is up 21.6% this week, but ORCL up over 28%. I guess you were right, the O is the place to be.
Haha...I will never own it again.
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Hoping it country rise so I can cash out!
I have 10k shares of a company that is up 8% today, and 1200 shares of two other companies that are up 8% and 6% today. My largest $ holding stock is up 9% this week. Quite frankly, ORCL stock performance is hardly remarkable.
This is NOTHING compared to the inflation we will see by the end of the year thanks to lost energy production.
The x/y wall street slope makes zero sense.
We should really be down just on Oil price alone.
It seems totally manipulated but no clue.
Not sure what to do.
@OP pretty much the entire saas industry got a big bump. It’s sector rotation, not Oracle specific. That had nothing to do with layoffs. That’s been factored in before layoffs occurred.
It's because it was sunny today.
People were buying the dip - nobody believes that layoffs are going to solve the debt load.
No, it's up because they rolled out new AI-powered upgrades for its Utilities Industry Suite and Aconex project management platform.
If Oracle doesn't massively beat expectations after the Q4 earnings come out, look out below!