Breaking: Michael Burry was right about Oracle• Nov 2: Oracle files to raise $20B in stock and debt to keep funding its …
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: $Oracle(ORCL.US) down 66% from its record highIt’s been 301 days since Burry shorted Oracle and it’s down 43% since
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