By Carmen Reinicke and Jeran Wittenstein
Publication Date: 2026-01-10 00:33:00
(Bloomberg) – Michael Burry, the famous investor who has gained attention in recent months by criticizing the boom in artificial intelligence, is betting against Oracle Corp.
Burry owns put options on Oracle shares, he said in a Substack post after markets closed Friday. The value of puts typically increases when the price of the underlying asset falls. Burry, who made bearish bets against AI chip maker Nvidia Corp. in November. and Palantir Technologies Inc., Oracle has also been shorting directly over the past six months, he said.
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Oracle is known for its database software, but it has recently been pushing aggressively into cloud computing services, requiring a costly expansion of data center capacity and taking on significant debt to do so.
“I don’t like the positioning or the investments it’s making. It shouldn’t have had to do what it’s doing and I don’t know why it is…”
