More bad news for Oracle.
About an hour after we checked in with Oracle's PR team on how that whole "force majeure is commonplace" thing was working out...
Hey guys, any updates here? https://t.co/GCPReT2mE1
— zerohedge (@zerohedge) November 6, 2026
... we got our answer, just not from Oracle:
Guess not:
— zerohedge (@zerohedge) November 6, 2026
*MICROSOFT IS WINDING DOWN ORACLE DEAL TO RENT AI CLOUD CAPACITY https://t.co/2MizsjS9yq
According to Bloomberg, Microsoft has spent recent months switching off the computing capacity it rented from Oracle after declining to renew the contract. The reason is about as unflattering as it gets for a company that has staked its balance sheet on AI infrastructure: the Oracle hardware ran on older-generation Nvidia chips and, over time, "no longer fit the company's specifications."
ORCL promptly slid 4%, which put it, in our words, below the $116 equity offering price it sold $10 billion in stock at just four days ago. Recall that the stock hit $248.15 on June 1. Investors who bought the "de-risked" story this week are alr
