$ORCL Earnings: Actually Bad

by hazxrrd Link to Press Release: Q3 Earnings The Good: Net Income of $6.135 billion, up 38% YoY Remaining Performance Obligations up to $523 billion, crazy if actually realized Clear Path for Revenue Growth The Bad: $2.668 billion of net income was …

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Michael Burry says that Meta $META and Oracle $ORCL are hiding billions in losses and overstating earnings by over 20%. J.P. Morgan calls out AI spend.

JUST IN: Michael Burry says that Meta $META and Oracle $ORCL are hiding billions in losses and overstating earnings by over 20%. byu/TonyLiberty inFluentInFinance J.P. Morgan calls out AI spend, says $650 billion in annual revenue required to deliver mere …

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