Prestigious hedge fund manager Michael Burry revealed in his Substack post that he holds a short position in Oracle (ORCL.US), according to foreign media reports. Last November, he had disclosed short positions in Nvidia (NVDA.US) and Palantir (PLTR.US), and that he has been directly shorting Oracle over the past six months without providing details.
Burry explained why he does not short other major tech stocks, noting that shorting Meta (META.US) requires a bearish view on both its social media and advertising dominance; shorting Alphabet (GOOGL.US) involves a bearish view on all forms of Google search, Android, Waymo, etc.; shorting Microsoft (MSFT.US) involves a bearish view on the global office productivity SaaS giant.
He also expected these companies may eventually converge their spending, absorb excess capacity losses, and possibly write off assets, but will still maintain dominance in their core businesses.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| Nvidia (C) |
10055 |
230 (-) |
0.087 |
7.6 X |
| Nvidia (C) |
11007 |
205 (-) |
0.290 |
4.6 X |
| Nvidia (P) |
10057 |
165 (-) |
0.163 |
5.0 X |
| META (C) |
10003 |
900 (-) |
0.082 |
10.8 X |
| META (P) |
10757 |
700 (-) |
1.290 |
4.5 X |
| ALPBE (C) |
10080 |
360 (-) |
0.425 |
5.4 X |
| ALPBE (P) |
10012 |
230 (-) |
0.093 |
5.5 X |
| MSFT (C) |
11006 |
550 (-) |
0.290 |
8.1 X |
| MSFT (P) |
10715 |
435 (-) |
0.167 |
10.7 X |
