One of the main reasons the dot-com bubble burst was that the lofty earnings expectations never materialized. Yet AI often costs more than the employees it replaces, with little correlation to tangible value.

ORACLE CREDIT RISK HITS ALL-TIME HIGH AFTER S&P CUTS RATING TO ONE STEP ABOVE JUNK, CITING AI SPENDING FAR EXCEEDING ESTIMATES
π° Oracle signs 10-year software contract with Pentagon worth up to $7 billion
π§ Also : Oracle reduced its global workforce by 21,000 employees (roughly 13%) over the 12 months ending May 31, 2026
$ORCL
Fresh 52-week low.
Oracle came into today down about 35% year to date and had already dropped roughly 4.6% on Thursday as investors soured on its AI spending plans, per TipRanks.
Oracle is cutting thousands of jobs to bankroll its massive AI gamble. The company reportedly eliminated 21,000 positions while racing to build infrastructure for OpenAI.
Oracleβs credit rating has fallen as debt and data center spending climb. A Wisconsin project now faces more than $7 billion in grid guarantees designed to protect local ratepayers.
Larry's ass of fire - ORACLE has fallen more than 60% from its top due to fear from consequences of excessive fund raising among the investors.
sound like bit MSTR story