Oracle stock is currently down 22% since the beginning of the year. The company has been spending heavily on data centers, and it recently became one of the major owners and security partners for TikTok’s U.S. operations.
Ellison has also used his wealth to back his son David’s acquisition of Warner Bros., which is currently being contested in court.
And of course its gonna happen during the winter when we can’t grow food ourself. I’ve been able to supplement my food all summer with my garden.