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00:03Michael Burry disclosed a bearish position on Oracle Corporation in a Substack post
00:07after markets closed last Friday, according to Benzinga. He said he owns put options on Oracle
00:13shares and has directly shorted the stock within the past six months. Burry said his view reflects
00:18dissatisfaction with Oracle's strategy and investments as the company expands into cloud
00:22computing. He did not disclose details of the put options. Oracle has taken on debt to expand
00:28data center capacity with about $95 billion outstanding, making it the largest non-financial
00:34corporate issuer in the Bloomberg high-grade index. Oracle shares are down about 40% from
00:39their September peak. Burry said he is hesitant to short Meta, Alphabet, and Microsoft because
00:44their businesses extend beyond AI. For all things money, visit Benzinga.com.
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