Michael Burry, known for his bearish bets, has taken new short positions against Oracle and Nebius stocks, citing risks in the AI sector. He previously exited a short on Oracle but re-entered at $144.63, and shorted Nebius at $211.77 due to overpriced put options. Burry warns the AI boom may lead to many companies facing distress after the hype fades, highlighting concerns over OpenAI's financial stability and Oracle's credit downgrade. These shorts also indirectly challenge Nvidia, which has significant investments in both companies and the AI space overall.
Caterpillar reported a record $20.5 billion in sales for Q2 2026, a 24% increase from the previous year, fueled by strong demand for power and construction equipment used in AI data center projects. Sales grew across all segments, with power and ener...
Oracle Corporation is currently trading at a significant discount with a 16x price-to-earnings ratio compared to its five-year average of 22x, despite strong growth prospects driven by cloud infrastructure demand. The company's backlog surged 362% ye...
Oracle Corporation is initiated with a Strong Buy rating and a price target of $212 due to its exceptional cloud infrastructure growth, which posted 93% year-over-year growth. The company’s Cloud and Software segment momentum is expected to accelerat...
In July, the NASDAQ dropped more than 3%, driven by the worst monthly performance in semiconductors since 2008. Market stress increased due to leverage-driven sell-offs, including a sharp crash in Korea's Kospi and forced liquidations of highly lever...
