ORCLORCLOracle Corporation
$125.35
24h
-1.38%
Michael Burry Stock Tracker ♟Michael Burry Stock Tracker ♟
6 Nov, 18:00

Bearish outlook on Oracle amid AI infrastructure headwinds

Bearish+8.85%

AI Summary

The author validates Michael Burry's bearish thesis on Oracle, citing recent capital raises, canceled AI contracts, and steep price declines amid an AI infrastructure selloff.

Breaking: Michael Burry was right about Oracle • Nov 2: Oracle files to raise $20B in stock and debt to keep funding its Al data centers • Nov 4: Cancels a $7B Al chip lease with Tencent after U.S pressure • Nov 5: Falls 7% as the broader Al infrastructure selloff hits, down 17% in five days • Today: $ORCL down 66% from its record high It’s been 301 days since Burry shorted Oracle and it’s down 43% since

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