Oracle Down 66% From Peak, 301 Days After Michael Burry Went Short
kingslyj · x · 2026-11-07
A timeline of Michael Burry's Oracle short:
- Nov 2: Oracle files to raise $20B in stock and debt to keep funding its AI data centers
- Nov 4: Cancels a $7B AI chip lease with Tencent after US pressure
- Nov 5: Falls 7% amid the broader AI infrastructure selloff, down 17% in five days
- $ORCL now sits 66% below its record high
It's been 301 days since Burry shorted Oracle, and the stock is down 43% since — vindicating the bearish call.
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