🚨Larry Ellison's Oracle is officially on track for its WORST year since 2001. Oracle shares have lost 40% in 2026, a deeper fall than in any year except 1990 and 2001 since the company went public in 1986. The year has unraveled one deal, one downgrade and one sell-off at a time: 1. June: Its annual report showed about 21,000 fewer employees than a year earlier, and said AI adoption has led to job cuts. 2. July: S&P cut its credit rating to one notch above junk over its AI spending. 3. August: The cost to insure its debt against default hit its highest level since the 2008 financial crisis, per Bloomberg data. 4. Nov 2: It raised $20 BILLION, selling 86 MILLION new shares at $116 and bonds paying up to 8.65%. 5. Nov 4: It scrapped a $7 BILLION deal to lease about 100,000 AI chips to Tencent after US pressure, per FT. 6. Nov 6: Microsoft is winding down its deal to rent AI computing power from Oracle, per Bloomberg. Shares now sit nearly 65% below their September 2025 record.