Investor Michael Burry's short position against Oracle has paid off, with the stock falling about 41.5% since he disclosed the bet in January 2026, and roughly 60% since he likely placed it in October 2025. Burry has also profited from other short bets on tech stocks like Palantir and Nvidia, criticizing the AI sector as overvalued and prone to accounting manipulation. He believes the recent market sell-off, which wiped trillions from tech valuations, is just beginning and warns against viewing it as a buying opportunity, calling Wall Street's optimism on AI unrealistic.
Oracle trades at USD 115.67 on Pluang as of Nov 09, 2026 17:02 WIB, down 0.33% in the last day. Palantir is up 0.57% at USD 161.30, while Nvidia fell 4.29% to USD 178.63. These tech stocks show mixed moves even as short bets and market views on AI remain debated.
Intel's stock dropped over 50% recently despite posting its strongest data center growth in 15 years, reflecting concerns over heavy spending, foundry losses, and a weak PC market outlook for 2027. The company sees strong demand for server CPUs and A...
Microsoft is ending its contract to rent AI computing capacity from Oracle, citing Oracle's use of older Nvidia GPUs that no longer meet its needs. Oracle disputes the impact, stating that even its older GPUs command a premium and are in high demand,...
Microsoft is ending its AI cloud contract with Oracle, causing Oracle's stock to drop as much as 5.2% before a slight recovery. This deal, started in 2023, involved Microsoft renting Oracle's server capacity for AI-powered Bing, but Microsoft is now ...
Oracle will hold its 2026 Annual Meeting of Stockholders on November 18, 2026, at 9:00 a.m. Central Time. The meeting will be conducted virtually via a live audio webcast, allowing shareholders as of September 21, 2026, to participate and vote. Guest...
Microsoft is ending its agreement to rent artificial-intelligence computing capacity from Oracle, according to a Bloomberg report. This move has put pressure on Oracle's shares as it signals a shift in Microsoft's cloud AI strategy. The termination o...
