Oracle shares slide on $15B increase in data center spending

Company raises its capital expenditure forecast as it doubles down on AI infrastructure bet.

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[LordEOD]

Can't wait for the inevitable "too big to fail" cries and sobs from the poor top hats and also the inevitable tax-payer bail outs (i.e. socialized costs).

The bubble will pop - but it will be us lowly peasants holding the bag, not the ones that caused it or profited the most from it.

 

[LordEOD]

for something like Oracle I really doubt that'll be the case. "too big to fail" for the huge US automakers and banks during the 2008 existential crisis was a real risk. If they did fall over then by all counts we would STILL be in a nasty recession not unlike what happened to Japan in the 90s. Which they still haven't recovered from. It would have been MILLIONS of people out of work for a VERY long time, and stuff like banks are crucial infrastructure for countries.

MS and Amazon are diversified enough where AI stuff not panning out won't really hit em too hard. might be a kick in the shin, not ripping its heart out. Oracle going whole hog on this AI garbage is a little too centralized of a business, but if they fall over then it won't really be that nasty.

While I grant your points make logical sense, I may take this moment to remind you of exactly what type of foreign, corrupt entity calling itself the current administration is.

They'll be too big to fail and receive all the tax-payer bail out they need simply because Trump met with someone the day before. (Probably also involving some under the table kickback deal or crypto scheme)