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If ORCL is a “AI” company what it’s doing in IGV?
Investor summaryBearish
Author laments heavy losses in ORCL, questioning its AI narrative as it remains trapped in the struggling SaaS sector.
Bear points
- ORCL is fundamentally a legacy SaaS stock, not a true AI beneficiary, as evidenced by its inclusion in software ETFs.
- The broader SaaS sector is facing severe pain and downward pressure, dragging ORCL down.
Post body
Literally more pain for saas stocks.
Bags are already heavy and this turd put more fuel on fire 🔥.
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