alt Hacker NewsOracle were 40B in profit in 2024.
Now they are out raising debt (again) and equity too, to fund DCs and hardware with no proven return.
I cannot comprehend it.
Oracle were 40B in profit in 2024.
Now they are out raising debt (again) and equity too, to fund DCs and hardware with no proven return.
I cannot comprehend it.
Me neither. Isn't that enough? Does the line always have to go up? It really look like stock market and tech companies are classic gamblers. No gain or profit is good enough to just take it and stop.