Overview
Oracle has staked its entire future on a $300 billion deal with a company that doesn't make money, funded by debt it can't service from operations, built by contractors it doesn't control.
Significance
Its stock has lost half its value.
Supporting Details
- Thousands of employees have lost their jobs.
- And its response has been to post on X.
- This is the story of how Oracle's biggest bet became its biggest liability—and why every reassurance is making it worse.
Looking Ahead
Track official statements, independent verification, and regional impact updates in the next 24 to 48 hours.
Background Context
Oracle has staked its entire future on a $300 billion deal with a company that doesn't make money, funded by debt it can't service from operations, built by contractors it doesn't control. Its stock has lost half its value. Thousands of employees have lost their jobs. And its response has been to post on X. This is the story of how Oracle's biggest bet became its biggest liability—and why every reassurance is making it worse.
Source: Times of India – Original Link
Source: Times of India
