Larry Ellison is Losing His A$$

• AI bet goes awry: Oracle fires 21,000 employees

• CBS in the tank

• Can barely afford his upcoming $110 billion Warner Bros Discovery CNN Deal (12 states are suing, and a judge has temporarily halted the deal)

Oracle laid off ~13% of its staff to fund a $300B computing deal with OpenAI. Now, a credit downgrade and $7B in required power grid guarantees put the massive project in jeopardy.