r/wallstreetbets • u/Coreylian101 • Jan 22 '25

Gain Thanks ORACLE

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Bought at 0.05 last week and sold for $9.

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u/Alone-Amphibian2434 Jan 23 '25 edited Jan 23 '25

'biggest database center for AI' - but it isn't though...AWS, Azure and Google Cloud products are the biggest providers of cloud services in the AI space. They don't really utilize oracle products for this shit. Oracle cloud itself is built on top of Azure.

smells like bs

edit: to be fair i have bet on companies for much much less. props to king regard

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u/Tylerkaaaa Jan 23 '25

Because it is. Nobody is using Oracle products unless they are stuck with legacy systems they are trying to get off of.

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u/Coreylian101 Jan 23 '25

Well said, but Oracle CEO Larry has government ties and it’s all it matters. The world just revolves around network and that’s how Oracle started to get to where it is now. Larry’s first client was the US government when his products were shit, this doesn’t tell yo anything? All I can say is invest in Oracle now as it still has decades of growth.

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u/EkoChamberKryptonite Jan 23 '25

Well said, but Oracle CEO Larry has government ties and it’s all it matters. The world just revolves around network and that’s how Oracle started to get to where it is now.

Ahh so government-regulated insider trading? Gotcha.