[Μinimalist]

Oracle stock has taken a brutal plunge — losing 57% of its value since hitting a 52-week high of $345.72 last September.

On March 31, bad news spread to Oracle employees when the company announced plans to slash up to 30,000 jobs — nearly 19% of its global workforce.

Summary

• Oracle's stock plummeted 57% and 30,000 jobs were cut to fund massive AI data center investments, driven by a severe cash crunch.
  

• This cash shortage is exacerbated by Oracle's cloud unit operating at a low 14% gross margin, far below competitors, and rising capital expenditures.
  

• Increased borrowing costs and lender reluctance for AI buildouts, coupled with a significant backlog tied to a struggling OpenAI, suggest a bearish outlook and potential further stock decline.
  

https://www.forbes.com/sites/petercohan/...-the-door/