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Oracle (ORCL) Stock Plunges 19% in Worst Weekly Decline Since Dot-Com Era (blockonomi.com)

submitted 5 days ago by yogthos@lemmy.ml to c/usa@lemmy.ml

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[–] Grapho@lemmy.ml 7 points 5 days ago (2 children)

Is it happening? I hope this means it's happening

[–] yogthos@lemmy.ml 5 points 5 days ago

Possibly, it seems like a a lot of tech companies are dropping on the stock market now, and there's worry that rates might have to go up due to persistent inflation which would cool investment.

[–] limer@lemmy.ml 2 points 5 days ago* (last edited 5 days ago)

It will be stopped by an orange despot putting hippos into the reflection pool. They will die, then stocks go up again for a little while.

Because why not??! This is how the oil prices are manipulated. I don’t see why tech has to be different.