Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn to the bond market for staggering sums to finance data centers.
Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn to the bond market for staggering sums to finance data centers.
Fun fact, over half of the S&P 500 have market caps over 10x revenue.
This has not ended well for companies in the past.
We’ll be lucky if the index loses only 2/3rds of its current value.
Companies are relying on adds everywhere, planned obsolescence and shitification to show better results every year.