The $58 billion in new debt in two months is the number that contextualizes everything else in this story. Oracle is not cutting because the business is struggling. It posted a 95% jump in net income last quarter. It is cutting because its CEO bet the entire company on being a hyperscale AI infrastructure provider and the debt service on that bet now requires eliminating 18% of the workforce to stay solvent. The 6 a.m. email with same-day access termination is the operational detail that will circulate widely, but the real story is a Fortune 50 company that accumulated more debt in 60 days than most governments carry and is now doing emergency headcount surgery to cover it. The banks quietly pulling back from financing is the most alarming signal in the whole piece because it means the institutions closest to Oracle’s balance sheet decided the risk was no longer acceptable before Oracle itself acknowledged a problem publicly.

https://www.reddit.com/r/InterstellarKinetics/comments/1s8no23/comment/odi003f/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

the ai bubble bursting, the dollar collapsing, *chef's kiss*

<trump starts WW3>

the epstein files finally drop.

@amiserabilist

Amazon is doing the same

@amiserabilist
I wuz going to say, Paul, all this just in time for World War III, and then YOU said it first.

@Guillotine_Jones @amiserabilist

WWIII doesn’t start until Paul says it does 🫡

@amiserabilist so Oracle continues to be Oracle. Just on a larger more evil scale.