Zhi Tong Cai Jing·2026-01-10 01:52Group 1 - Michael Burry, known for betting against the 2008 financial crisis, is shorting Oracle Corporation (ORCL.US) by holding put options on its stock, indicating skepticism about the company's strategy and investments in cloud computing [1] - Oracle's stock price has experienced significant volatility, dropping approximately 40% from its peak last September, following a surge of 36% due to optimistic forecasts for its cloud business and AI demand [2] - The company currently has an outstanding debt of about $95 billion, making it the largest non-financial corporate bond issuer in Bloomberg's high-rated index [2] Group 2 - Burry avoids shorting larger tech companies like Meta, Alphabet, and Microsoft, as he believes they have diversified business models beyond AI and are likely to manage spending and asset write-downs effectively [2] - He expresses a willingness to short OpenAI at a $500 billion valuation, reflecting broader skepticism about the speed and economic viability of AI development [3] - Burry identifies Nvidia as a primary target for shorting due to its popularity and perceived overvaluation in the AI sector, noting that the cost of shorting Nvidia is relatively low compared to other large short candidates [3]