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REDDIT

Why is Oracle getting pulled down with AI?

E
Jun 28, 2026 · 12:37

They sell service... Compute/database... So whoever wins the AI race will likely contract with them.

They also have a backstop because they are contracted with the federal government They are basically the backbone for all data the federal government has.

On top, they have a sane P/E...

I understand this sub is addicted to the "meme stock", but at some point do people pay any attention to fundamentals?