51–60 of 194 posts
News of a deal and hype was largely responsible for the rise. Now that the sentiment is cooling off, it’s dropping back to a more reasonable level.
Earlier quoted context omitted.
And the search engine and crawler actually powering these LLMs
How is that not a conflict of interest by the way, when Google's AI search results prevent the websites it trained on from getting clicks?
Time to short major stocks?
Maybe, but not Oracle. Oracle is friends with the regime: Larry Ellison's kid runs TikTok and has promised to use it to push more conservative content. They'll get bailed out.
Also Paramount, which owns CBS News among other things. And they are looking to acquire the parent company of CNN.
FT uses "underwater" because the deal was $300 Billion and the stock has lost $315 Billion in market cap since the deal. That's a bit of a stretch, but the rest of the article is very good.
Earlier quoted context omitted.
So you’re saying there’s an upside?
Maybe the entire purpose of OpenAI was to suck all the inflation the US government created on the last decade and burn it out in a huge bonfire at the end of its life. Sam Altman has been playing 6-D chess this entire time, and we thought he was just a fraudster.
Oracle is the one to look out for if/when the bubble bursts. Most of the big tech will be fine, albeit hurting for a while. For Oracle, this might be existential.
Don't they still sell a database product? As long as they don't do the Venture Capital thing and sell off the most promising business units there should still be something for the company to do after the AI bubble implodes. Certainly there will be a lot of layoffs, and maybe even a chapter 13, but I don't think they'll stop existing.
There is extreme caution in deploying new Oracle databases, more so than SQL Sever.
As someone paying some vague attention to market movements, this was predictable. News of a deal and hype was largely responsible for the rise. Now that the sentiment is cooling off, it’s dropping back to a more reasonable level.