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Oracle - too late to the party or is it just getting started?

Oracle is known to have risen by over 40% within a week. Is this just the beginning of a multi-year rally, similar to Nvidia $NVDA (+0.32%) or will the share price stagnate slightly after this brutal rise? I would be particularly interested in the experience of those who have been in the stock market for a few years and have already experienced similar cases.

$ORCL (-4.69%)

4 Comments

Erdbeermaus@Lumimyrsky

this is the first time since the AI boom that I've felt a bit bubbly

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Olli@Olli68

@Lumimyrsky I've been feeling the same way for a few weeks now. But this share price reaction is a very clear sign.
They miss the numbers and are still celebrated because they promise insane guidance. And then they deliver orders of 300 billion from a company (OpenAI) that is still unprofitable today. And the investors celebrate it...

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Jarod@TradingHase

I'm not familiar enough with the topic, but my guess is that a sideways movement or slight decline will follow. I find it difficult to get in after such a massive push.

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CD@Carpe-Diem

Don't buy if you don't understand the business. It's hype! Oracle is one of the underdogs of the current technology trends. $NVDA is better, but the entry price is too high.

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