Legendary "The Big Short" investor Michael Burry revealed put options and direct short on Oracle (ORCL), joining bets against Nvidia and Palantir. He slams Oracle's AI cloud expansion, funded by $95B debt, as "unnecessary" and possibly "ego-driven." Oracle, co-founded by Larry Ellison, saw shares drop 40% since Sept. 2025 post-AI hype, with just 10% backlog turning to revenue soon and heavy reliance on clients like OpenAI.
Burry skips shorts on Meta, Alphabet, or MSFT due to diversified businesses beyond AI: "Not pure AI shorts." Oracle lacks that safety net; its pivot to power-hungry data centers exposes overinvestment risks and obsolescence, akin to past bubbles like electricity or dot-com. He likens AI to steroids: powerful yet dangerous.
Analysis for Crypto Traders: In Binance ecosystem, this thesis echoes volatility in AI tokens like FET, AGIX, RNDR. If Burry's right, tech correction could spill to crypto, pressuring BTC/ETH in risk-off mode. Watch ORCL; breaks below key supports (~$140) confirm bear. Opportunity: shorts on AI alts if Nasdaq dips. History proves Burry wins in crashes.
