Oracle falls 5% after Microsoft ends AI cloud capacity rental deal, now down 68% from peak
SumitGup · x · 2026-11-07
Per Kobeissi Letter, Microsoft has ended its deal to rent AI cloud capacity from Oracle, sending $ORCL down about 5%; the stock is now down 68% from its record high.
The cancellation is a direct hit to Oracle's AI capacity-rental growth narrative; the accompanying chart shows a sharp single-day plunge.
Related event: Microsoft Winds Down Oracle AI Compute Lease, Oracle Shares Fall(7 posts)→
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