| ▲ | petilon a day ago |
| Oracle's credit rating has been downgraded to a notch above "junk" status [1]. That means they can't borrow cheaply anymore. The only way to raise cash now is to cut payroll, and that's what they are doing. And what are they doing with the cash? Buying Nvidia hardware to rent out to OpenAI [2]. All Oracle is doing is unpacking Nvidia servers and plugging them in. This is a commodity business, Oracle has no IP in this. To fund it they are making deep cuts to their software development business which does have proprietary IP. That may have made sense when it was originally announced because AI hype was at its peak at the time. Indeed, Oracle's stock shot up when Stargate was announced, and Larry Ellison briefly became the world's richest person. However, since then the AI hype has evaporated, and hyperscalers are no longer being rewarded with a higher stock price. Oracle stock has dropped more than 50%, and companies NOT investing 100s of billions in AI hardware are now being rewarded, such as Apple. [1] https://www.nytimes.com/2026/07/31/magazine/takeaways-larry-... [2] https://en.wikipedia.org/wiki/Stargate_LLC |
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| ▲ | coldpie a day ago | parent | next [-] |
| Oracle going out of business would at least be one thing to celebrate in 2026. |
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| ▲ | petilon a day ago | parent | next [-] | | Larry Ellison's son had to scale down his media and TV empire ambitions when Oracle stock crashed. That's one thing to celebrate, because we don't want CNN to be controlled by the Ellisons. | | |
| ▲ | miohtama a day ago | parent | next [-] | | Larry is also the reason why all new Star Trek series have been cancelled: https://www.cbr.com/paramount-dismantling-star-trek-9-year-s... | | |
| ▲ | SOLAR_FIELDS a day ago | parent | next [-] | | I do love how the software world has the caricature of a comic book villain in Larry Ellison | | |
| ▲ | glaslong 11 hours ago | parent | next [-] | | "Do not fall into the trap of anthropomorphizing Larry Ellison. You need to think of Larry Ellison the way you think of a lawnmower. You don’t anthropomorphize your lawnmower, the lawnmower just mows the lawn - you stick your hand in there and it’ll chop it off, the end. You don’t think "oh, the lawnmower hates me" – lawnmower doesn’t give a shit about you, lawnmower can’t hate you. Don’t anthropomorphize the lawnmower. Don’t fall into that trap about Oracle." — Bryan Cantrill https://www.youtube.com/watch?v=-zRN7XLCRhc&t=2308s | |
| ▲ | smegger001 21 hours ago | parent | prev [-] | | I always thought of him as if he was angling to be a bond vilian but thats kind of a potayto, potahto thing | | |
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| ▲ | droptablemain a day ago | parent | prev | next [-] | | I assumed the reason was Starfleet Academy was complete slop | |
| ▲ | bigstrat2003 a day ago | parent | prev | next [-] | | Well, that's a blessing at least. It was painful watching the butchering of Star Trek over the last decade. | | |
| ▲ | zingar a day ago | parent | next [-] | | Noooo Strange New Worlds was the best thing that ever happened to trek | | |
| ▲ | evanelias 20 hours ago | parent | next [-] | | The current season has been rather divisive, to say the least. I mean some of these episodes currently have IMDB ratings in the mid 4's to mid 5's range out of 10: https://www.imdb.com/title/tt12327578/episodes/?season=4 Personally I didn't hate the gimmick episodes, but enjoying them sort of requires no longer taking the show seriously at all. | | |
| ▲ | rickydroll 10 hours ago | parent | next [-] | | The gimmicky episodes were highly entertaining to my decidedly non-Trekkie wife. She loved the Star Trek Muppet episode ("Star Trek in Spaaaaaace") and the soap-opera episode. As for taking the show seriously, I don't take any of it seriously. It's a telenovela, or maybe we should say Stellanovela. Most episodes build a fairly cohesive story, then break loose, and those old scientists have fun with the Star Trek universe. It's not like they're acting in a Chekhov play. | | |
| ▲ | evanelias 9 hours ago | parent [-] | | re: taking it seriously, I meant more in terms of whether it is "good art" vs disposable entertainment. On the whole, I felt that TNG and DS9 both eventually found the right balance of drama and humor, often with an intelligent underlying message about aspects of our society and culture. The modern Star Trek shows are sorely lacking in that area! |
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| ▲ | rsynnott 16 hours ago | parent | prev [-] | | Eh, I mean TNG, which is probably the best-regarded series, had its fair share of duds, and not just in the not-very-good first season. In particular, I am thinking of the episode where Data's cat turned into a lizard. > A transporter malfunction turns most of the crew into puppets while Spock fights to reclaim the ship. | | |
| ▲ | evanelias 11 hours ago | parent [-] | | The difference is the sheer number of gimmick episodes: so far half the episodes this season fall into that category. Did you actually watch that puppet episode you're quoting? Gimmick aside, it had one of the dumbest endings of any Star Trek episode I can think of. | | |
| ▲ | rsynnott 9 hours ago | parent [-] | | Nope; haven’t seen any of this series. The streaming situation for it, at least in this country, is a bit of a mess. But it sounds from the description like a do-over of the cat lizard episode, more or less. | | |
| ▲ | evanelias 5 hours ago | parent [-] | | Ehh, maybe that notion times ten. These recent episodes are far goofier and more nonsensical than that TNG episode. (and again, my view on them is far less harsh than many of the reviews I've seen online...) At least the TNG duds attempted some kind of sci fi technobabble explanation for whatever hijinks were occurring. With this season of SNW, we're getting plot devices like "missing resistance leader just happened to look identical to Enterprise's first officer by complete coincidence!" and "spooky derelict ship is haunted, no explanation even attempted!" ... there are worse ones I could reference but they're spoilers. I'm genuinely starting to wonder if an LLM is writing these scripts. |
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| ▲ | monocasa a day ago | parent | prev [-] | | Lower Decks is so good too. |
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| ▲ | lotrjohn a day ago | parent | prev [-] | | Picard was great! Romulans, Borg, Q, Data!! What more could you ask for?! | | |
| ▲ | malfist a day ago | parent | next [-] | | A plot? | | | |
| ▲ | ThrowawayR2 11 hours ago | parent | prev | next [-] | | I could ask for them not to show graphic torture onscreen, yuck. Decided to skip Picard once I heard about that. | |
| ▲ | UltraSane a day ago | parent | prev | next [-] | | I consider Picard Season 2 the worst season of TV ever made. | |
| ▲ | TiredOfLife 18 hours ago | parent | prev [-] | | Being at least average and not shit | | |
| ▲ | ghaff 15 hours ago | parent [-] | | To be honest, I'm not sure to what degree my reaction to increasingly random dips into recent Trek has been around them just not being that good as a whole vs. just being tired of the franchise after many decades at this point. |
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| ▲ | tekla a day ago | parent | prev | next [-] | | Oh thank god. It hurt my soul watching the horror that is the new ST. Starfleet Academy was almost unspeakably terrible | |
| ▲ | jlarocco a day ago | parent | prev [-] | | Meh. The last Star Trek worth watching was TOS. | | |
| ▲ | ihsw a day ago | parent [-] | | That's funny way of spelling DS9. | | |
| ▲ | ghaff 15 hours ago | parent [-] | | TOS was what it was. Some episodes were better (and aged better) than others. After a pretty week start, TNG was pretty solid. DS9 was good too far more often than not. While other series had their strong points, I'm not going to go to the mat to defend any of them. | | |
| ▲ | ethbr1 13 hours ago | parent [-] | | No love for VOY? :) I know it's been a long time... | | |
| ▲ | ghaff 12 hours ago | parent [-] | | There were definitely some good episodes and it probably got better over time. I'd probably give it a mild thumbs up overall with reservations. |
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| ▲ | Lammy 21 hours ago | parent | prev | next [-] | | I lol'ed in the theater when I watched Top Gun Maverick as a double-feature with the original and the first thing you see is PRODUCED BY DAVID ELLISON — very “ecrof ria eht nioj” | |
| ▲ | martin1975 a day ago | parent | prev | next [-] | | last time I found CNN appealing was in the early 90's...if that tells you anything about it. | | | |
| ▲ | testdelacc1 a day ago | parent | prev | next [-] | | Maybe some in this thread won’t celebrate CNN staying out of the clutches of the Ellisons. But think of it this way. If Ellison’s acquisition of Warner Bros falls through Ellison must pay Warner Bros a $7 Billion breakup fee. That’s on top of the $2.8 Billion they paid Netflix to abandon its pursuit of Warner Bros. So Ellison would have wasted $9.8 Billion and years of his life for absolutely nothing. And I think we can all agree that the world would be better off. | | |
| ▲ | FireBeyond a day ago | parent [-] | | And will be still worth a quarter trillion dollars. Years of his life, perhaps, though a large part of that will be banks and lawyers, not him grinding it out. He won't even notice the money being gone, not even close. | | |
| ▲ | awakeasleep a day ago | parent [-] | | I’m worried your cynicism is overwhelming your capacity for rational thought. Years of his life and 5-10% of his net worth. That’s the kind of thing people notice. | | |
| ▲ | FireBeyond a day ago | parent [-] | | It's definitely not 10%, more like 3%. His net worth is currently listed as $248B. If he has to pay out the penalty on both acquisitions, his net worth will still be about $240B. There's nothing articulable about the difference in his life as a result. I will give you the time though, or the motivations (however appalling they are) for his exertion of energy on these. |
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| ▲ | jgalt212 a day ago | parent | prev | next [-] | | That's true, but then again, CNN is a mere husk of its former self. Something needs to change, but maybe it's too late for profit-driven news media. | | |
| ▲ | xp84 a day ago | parent | next [-] | | It’s been more than a decade when CNN was a respected institution. I agree it’s too late for the news media in general. Their incentives are unfortunately all lined up just like social media: pure ragebait is the fully optimized product. The only thing changing from now on is fine tweaks to get it slightly more… ragey. | | |
| ▲ | petilon a day ago | parent [-] | | Bloomberg and Economist seem to be doing OK, so it is possible. | | |
| ▲ | xp84 a day ago | parent [-] | | I'd roughly agree they are, but they have clearly positioned themselves in the opposite way as the mainstream media - the rest compete for ad-supported clicks and views; those two are fully paywalled and at a price that deliberately drives away anyone below say, the 90th percentile by income or wealth. That resembles, to me, how newspapers used to be - except instead of a small fraction of people being willing to pay for quality news, roughly two thirds were (62 million subscribers out of 92 million American households in 1989 [1]). Like Bloomberg today, their incentives were to provide information for serious people and to cultivate a trustworthy reputation, rather than to enrage people into commenting and sharing articles. The decline of newspapers is of course too much of a tangent, but I think it's interesting how the math kind of illustrates why most 'news' has to be trash now. | | |
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| ▲ | abeppu a day ago | parent | prev | next [-] | | But isn't not-for-profit news media also struggling? | | |
| ▲ | saturn8601 a day ago | parent [-] | | From what I can see, online media has finally taken over. The horrendous coverage from the 2024 election may have finally been the last straw for many people. People seem to be focusing more on individual reporters, subscribing directly to good journalists who have gone out on their own. We are also seeing a thing that pleases me ver much: Reporters focusing on the subjects they are experts in and not doing a jack of all trades master of none. Its made me accept that I wont get top tier news in every subject so I have to pick what really matters to me(Tech, Food, entertainment, geopolitics of specific regions of the world etc.). On the low end though its more bleak. TikTok slop, Youtuber "commentators" etc. | | |
| ▲ | dylan604 a day ago | parent [-] | | > From what I can see, online media has finally taken over. Makes me think of Neil Gaiman's American Gods |
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| ▲ | cbsmith a day ago | parent | prev [-] | | I kind of like the whole Paramount acquisition as something that is just going to drag them down. |
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| ▲ | CPLX a day ago | parent | prev [-] | | CNN is mostly a lost cause, though I do agree with your statement. The real problem with that one, though, is it would utterly destroy the American movie industry, which is a crucial part of our economy and culture. | | |
| ▲ | Terr_ a day ago | parent | next [-] | | > it would utterly destroy the American movie industry I don't understand, if Oracle etc. has financial problems, why would movie-making bits be destroyed as opposed to sold to new owners? If the American movie industry got "destroyed", what would that look like, and how would it lead to long-term malaise? Offhand, I can't imagine the same kind of supply-chain/infrastructure rot-problem as, say, the "destruction" of the automotive industry. | | |
| ▲ | CPLX a day ago | parent | next [-] | | It's the merger. That's the problem. Consolidation into one company with a huge amount of market power ruins the market, destroys innovation, and destroys infrastructure and capacity within the vertical. | | |
| ▲ | Terr_ a day ago | parent [-] | | Oh, I see, I thought you were saying that Oracle's financial woes would have a ripple-effect that's negative for everyone else, as opposed to the mergers being a bad thing regardless of Oracle's financial situation. Yeah, America is way overdue for some trust-busting. |
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| ▲ | dcrazy a day ago | parent | prev [-] | | Because David Ellison’s explicit plan is to run Warner Bros. Discovery (owners of CNN) and Paramount (owners of CBS) as two divisions within Skydance Media. He committed to keeping a 20-odd film slate at WBD as part of antitrust negotiations with the U.S. and other countries. So he has to keep the studio running while figuring out how to pay off the investors with depreciating Oracle assets. |
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| ▲ | Helloworldboy a day ago | parent | prev [-] | | [dead] |
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| ▲ | macintux a day ago | parent | prev | next [-] | | Not for the employees, obvs. I'm not going to celebrate misery, especially if that misery makes an already-tough job market that much worse. | |
| ▲ | cromka a day ago | parent | prev | next [-] | | I hope whoever buys their parents, they relicense ZFS | | |
| ▲ | ghaff a day ago | parent [-] | | I strongly suspect that broad enthusiasm for copy-on-write filesystems is largely past. Btrfs is out there and is the default for some Fedora editions. While I have no direct connections to that storage world any longer, I'm not convinced that relicensing ZFS would affect the landscape in a major way among the more significant distributions. | | |
| ▲ | danudey a day ago | parent | next [-] | | As someone who's used btrfs and zfs, btrfs today is still a pale imitation of what zfs was at launch. btrfs feels like people wanted to make a filesystem which had all the 'pretty neat' features of ZFS but without the tightly coupled management and benefits of ZFS (like volume management + RAID + encryption + compression all being managed through one tool). btrfs ended up being basically a consumer version of a few of ZFS's most visible features - transparent compression, subvolumes, and copy-on-write - which then farms out the other most useful features - RAID + volume management + encryption - to the existing tooling. Makes sense for a smaller-scale project, no shade, but it definitely misses the mark if you've spent time on ZFS systems taking advantage of what ZFS has to offer (like recursive snapshots or vdevs). | | |
| ▲ | ghaff a day ago | parent [-] | | I don't know the whole history of btrfs (although its primary maintainer was I think at Oracle at one point) but ZFS was definitely built from a hierarchical storage enterprise mindset. Given different historical circumstances, it could probably have picked up more traction. But not sure what would change today even with an Oracle licensing change. |
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| ▲ | scheme271 a day ago | parent | prev | next [-] | | It seems that btrfs is being phased out of fedora. It looks like Fedora will be moving to stratis storage over the next year or two. Btrfs is nice but it's raid5/6 support still seems shaky and there's odd corner cases that apply to all btrfs setups (getting stuck when free space is low is mostly resolved but can still occur). | | |
| ▲ | ghaff 18 hours ago | parent | next [-] | | I no longer have the direct relationships with storage folks at Red Hat that I once did and that stuff may all be over on the IBM side anyway. Stratis (which I wasn't familiar with) does seem to be designed with the intention of bringing a lot of pooling etc. on top of a conventional file system but haven't really looked at or talked to anyone in the storage groups recently. Conventional LVM was pretty old and really designed for a different time. | |
| ▲ | ghaff a day ago | parent | prev | next [-] | | I'm not super-plugged into Fedora these days. Red Hat has long been pretty comfortable with a more conventional file system (think it's still XFS out of SGI by default) plus volume management for RHEL. ZFS was a non-starter for licensing reasons and Oracle; btrfs just wasn't there. I suspect things could have played out differently had Oracle relicensed ZFS once upon a time but that ship has likely sailed in a variety of ways. | | |
| ▲ | tharkun__ a day ago | parent [-] | | XFS is a default filesystem in a production system? Really? XFS was dead to me 20 years ago. The only time I ever actually verifiably lost data to a system crash was on XFS. I had actual zero length files with XFS after a crash. Lost actual data. But the file system was in totally happy consistent metadata state. Never ever would I ever consider that filesystem ever again. The ominous "reisserfs" everyone complained about? Never lost a single byte of data to it even when I pulled the plug in the middle of a write operation to test it. No issues with ext4, no experience with btrfs. | | |
| ▲ | ghaff 19 hours ago | parent | next [-] | | You may not believe it but it is true: https://docs.redhat.com/en/documentation/red_hat_enterprise_... I vaguely know some of the backstory of moving off ext4 (as default). As I understood it at the time, it was less focused on some of the larger systems Red Hat was interested in. | |
| ▲ | pram 20 hours ago | parent | prev [-] | | The main problem with ReiserFS is Reiser killed his wife so it is unmaintained. | | |
| ▲ | ghaff 12 hours ago | parent [-] | | There is that. I think ReiserSF used to be the default that SUSE used. These days, it seems to be btrfs for root and XFS for everything else. |
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| ▲ | fpoling a day ago | parent | prev [-] | | Stratis does not support data integrity checksums. There is dm-integrity hack but it slows down the write speed by halve. |
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| ▲ | cromka a day ago | parent | prev | next [-] | | Is it? I thought the contrary, the immutable distros are possible specifically because of them?. Relicensing it would probably make it into kernel within months and I am absolutely sure adoption would happen quickly. Mind you, ZFS is more important to servers than desktop. | | |
| ▲ | ghaff a day ago | parent [-] | | I expect that there is enough history around ZFS that getting it into the kernel would be a pretty big move. |
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| ▲ | wongarsu a day ago | parent | prev [-] | | zfs is more mature and has a better feature set. It's also about the best file system for a NAS, since you can detect and repair single bad blocks if you run zfs's version of RAID5/6. btrfs is lighter on memory use and a bit easier to administer (until it eats your data). But if zfs licensing becomes cleared up and it becomes a normal part of the linux kernel that would be a lot more attractive than btrfs to me |
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| ▲ | sleight42 7 hours ago | parent | prev | next [-] | | I'd distill that to: Larry Ellison going bankrupt would be the universe rendering a rare justice. | |
| ▲ | infamouscow a day ago | parent | prev | next [-] | | If Sam and Dario manage to kill Oracle, this whole era of software will have been worth it. | |
| ▲ | jollyllama a day ago | parent | prev | next [-] | | If it happens in 2026, they will likely be bailed out. | |
| ▲ | this_user a day ago | parent | prev | next [-] | | They are still making billions from highly sticky enterprise customers, which is more than enough to survive. Otherwise, Microsoft would have gone out of business years ago. | | |
| ▲ | kstrauser a day ago | parent | next [-] | | Sure, but then they're out of the "growth" stock category they so badly wanted to be in, with its higher valuation multipliers, then in the stodgy "keep the lights on" niche. If a company makes $10B this year, and you had a way of knowing it was going to make $10B every year from now on, there's not much incentive to invest in it. Note that this doesn't make for a bad company! You can run a $0-profit company indefinitely and give employees nice jobs for providing nice services to your customers. There's nothing wrong with that. It's great! But you don't get the same multiples for that arrangment as you do for a company that's growing quickly. Lower multiples = stock drops = One Medium Wealthy Asshole Called Larry Ellison, and that's something I simply do not think he could tolerate. | |
| ▲ | petilon a day ago | parent | prev | next [-] | | > They are still making billions from highly sticky enterprise customers That's true. This lets Oracle coast for a while. But if they coast for too long SAP will overtake them. | |
| ▲ | rsynnott 16 hours ago | parent | prev [-] | | Microsoft has _nothing_ like the debt load that Oracle does. |
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| ▲ | jmspring a day ago | parent | prev | next [-] | | Happen to agree. But to the comment above, yes, it's rack and stack but I suspect Oracle's legion of lawyers can put some sort of spin on this. | |
| ▲ | SwellJoe a day ago | parent | prev | next [-] | | Putting a big X on the Ellison photo in the rogue's gallery of tech elites will be satisfying. In an industry chock full of despicable men, Ellison is a real standout. | |
| ▲ | immibis2 a day ago | parent | prev | next [-] | | I wonder which shitty company will become the new Oracle. Oracle wasn't the first Oracle. | | |
| ▲ | kstrauser a day ago | parent | next [-] | | Who was the first Oracle? Did IBM transition into it before Oracle did? | | |
| ▲ | cyberax a day ago | parent [-] | | IBM has always been better than Oracle. It makes giant expensive software and hardware that require arcane knowledge to keep them running. But they also run reliably once you insert enough money. Oracle's stuff JustDoesn'tWork(tm) once you move past its core database offering. And even that (see: RAC) is sometimes problematic. | | |
| ▲ | petre 20 hours ago | parent [-] | | IBM buying Oracle for pennies on a dollar would be great outcome. |
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| ▲ | wpm a day ago | parent | prev [-] | | Broadcom would buy up all of Oracle's useful IP and patents and continue the grift. |
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| ▲ | stuaxo a day ago | parent | prev | next [-] | | "Dear Santa..." | |
| ▲ | ags16 a day ago | parent | prev | next [-] | | [flagged] | | | |
| ▲ | Byvrsakjo10 a day ago | parent | prev [-] | | Why do we loathe Oracle again? And what do they do exactly for Larry Ellison share in the company to be worth 100bn? | | |
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| ▲ | pharos92 a day ago | parent | prev | next [-] |
| I'm very hopeful to see Larry loose everything, and Oracle stripped for parts. Karma that is well overdue. |
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| ▲ | keeda a day ago | parent | prev | next [-] |
| > All Oracle is doing is unpacking Nvidia servers and plugging them in. 1. Any cloud business essentially is "unpacking servers and plugging them in." Yet the cloud business has been exploding quarter-over-quarter ever since AWS came online. To the tune of double-digit billions cash flow every quarter for each of the hyperscalers, even before the AI boom. 2. Nvidia servers are at the moment even less commodity than typical cloud servers and are currently THE hottest hardware resource in the world. Everyone is scrambling desperately to procure them, and the US and China are battling geopolitically over access to these things, and they are actively being smuggled to bypass these restrictions. > However, since then the AI hype has evaporated, and hyperscalers are no longer being rewarded with a higher stock price. This is a misreading of what has been happening with hyperscaler stock prices. They have consistently been punished despite record estimate-beating earnings pretty much every quarter for the past multiple quarters, precisely because they keep incinerating all that money and more on the same CapEx that Oracle is. At this point it is pretty clear that the biggest moat in the whole AI boom is access to compute, for which the demand has just kept exploding. (See: Anthropic paying its competitors through its nose to keep Claude up.) I've little love for Oracle, so I fear they will actually make out like bandits with these moves. |
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| ▲ | syrrim 21 hours ago | parent [-] | | > 1. Any cloud business essentially is "unpacking servers and plugging them in." Yet the cloud business has been exploding quarter-over-quarter ever since AWS came online. To the tune of double-digit billions cash flow every quarter for each of the hyperscalers, even before the AI boom. No, major cloud providers are mainly a software business. They provide unique manage cloud offerings, which provides value add over raw hardware as well as lock in. People on AWS cannot just move to GCP, let alone DO. Hence amazon can charge a substantial premium over the price of the hardware, which is why they make so much money. If all you are doing is plugging in GPUs, you don't provide that value add and are going to have very slim profits. | | |
| ▲ | keeda 8 hours ago | parent [-] | | 1. Cloud providers significantly markup bare metal and VMs even without managed services (lookup the numbers.) Managed services are the lock-in Trojan Horse clouds love to push but not everyone falls for them. Customers are OK paying for the fat margins not because of the managed services, but because of the elasticity, convenience and reduction in SRE headcount. 2. Why can’t cloud providers do the same thing with GPUs that they do with other servers? Are GPUs somehow not amenable to managed cloud offerings wrapping them? 3. Literally just having any access to GPUs (or heck, even memory) itself is the value add today. Maybe when we have supply to match the demand things will change, but that seems to be a ways away and points 1 and 2 above will still be in play anyways. |
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| ▲ | devttyeu a day ago | parent | prev | next [-] |
| What else does Oracle have? Mostly just a bunch of IP that a sufficiently strong AI will be able to recreate for a fraction of each customers bill. Oracle is very aware. Where is the value coming from when all knowledge work (and later manual work) is 10-100-10000x cheaper done by AIs? You probably don’t want to build models, too easy to move to another provider when one is better, open models eat your lunch etc. But there are still means of production to be owned but it’s just GPUs |
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| ▲ | rconti a day ago | parent | prev | next [-] |
| ORCL down more than 50% in the past 12mo. |
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| ▲ | solidasparagus a day ago | parent | prev | next [-] |
| They can raise cash by selling off the stock they have spent a decade buying back. |
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| ▲ | gruez a day ago | parent | prev | next [-] |
| >However, since then the AI hype has evaporated What? Nvidia stock, for instance has been moving largely sideways for the past 4 months. Maybe it's not as jubilant as before, but it hasn't exactly "evaporated". |
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| ▲ | petilon a day ago | parent | next [-] | | That's relative to the hype we had before. Previously any involvement in AI was rewarded heavily, but now it is being punished. Wallstreet previously punished Apple for not enough AI now they are being rewarded for not throwing 100s of billions into AI hardware. | | |
| ▲ | Danox a day ago | parent | next [-] | | Apple is perpetually Doomed according to Wall Street. | |
| ▲ | LoganDark a day ago | parent | prev [-] | | Apple still did have to learn what it costs to invest in AI hype marketing, with all the lawsuits about the iPhone 16. |
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| ▲ | rsynnott 16 hours ago | parent | prev | next [-] | | It hasn't entirely evaporated, but it has certainly calmed a bit, and Oracle was maybe the most incautious large company with this stuff. | |
| ▲ | Analemma_ a day ago | parent | prev [-] | | I think the parent is overselling it when they say "AI hype has evaporated". Nvidia is still trading high because they're still selling shovels in the gold rush, and the frontier labs are still trading high as well. What is collapsing are the infra providers who are just selling commodities: even if the bubble doesn't crash they will get chewed up, because there is nothing preventing them from being forced to sell at COGS: they have no moat and eventually their margins will be driven to zero. | | |
| ▲ | petilon a day ago | parent [-] | | NVDA P/E is 26. That's hardly overhyped. For comparison AAPL P/E is 38. | | |
| ▲ | drTobiasFunke a day ago | parent [-] | | PE is forward looking. Apple has the business model where people will continue to buy their newer phones and devices and use their paid services at the same or higher prices for the foreseeable future. Do you think GPUs will continue to be bought at the same rate as during the ai data center buildout gold rush era, at the same ultra high up prices? | | |
| ▲ | petilon a day ago | parent [-] | | For CPUs, Moore's law lasted more than 50 years. We don't know how long it will last for GPUs. I think Nvidia will keep improving performance, lowering power consumption and reducing heat generation for many years to come. |
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| ▲ | Byvrsakjo10 a day ago | parent | prev | next [-] |
| is it true that the companies investing 100s of billions into AI, have taken up a lot of debt in hope of AI making them trillions in revenue? |
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| ▲ | petre 20 hours ago | parent | prev | next [-] |
| I'm going to get my popcorn and watch them fail, after Ellison went on raving about AI surveillance. https://fortune.com/2025/09/28/larry-ellison-ai-surveillance... |
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| ▲ | jgalt212 a day ago | parent | prev [-] |
| > All Oracle is doing is unpacking Nvidia servers and plugging them in. This is a commodity business But it's not if you can jump to the front of the GPU allocation line like Musk has done. |