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Tag: tag: Meta

‘Big Short’ Investor Michael Burry Bets Against Oracle – Here’s His Advice – Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META)
Business

‘Big Short’ Investor Michael Burry Bets Against Oracle – Here’s His Advice – Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META)

Michael Burrythe investor who gambled on the US housing market during the 2008 financial crisis has turned bearish Oracle Corporation (NYSE:ORCL). Burry announced his ownership of put options on Oracle stock in a Substack after after markets closed last Friday. He also disclosed that he had directly shortchanged Oracle over the past six months. Oracle, […]

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Oracle’s AI strategy shake-up causes market jitters as shares plummet 25% – Oracle (NYSE:ORCL)
Business

Oracle’s AI strategy shake-up causes market jitters as shares plummet 25% – Oracle (NYSE:ORCL)

Oracle Corporation (NYSE:ORCL) has seen a significant market reaction following its bold shift towards artificial intelligence (AI), resulting in a 25% share price drop in the past month. What happened: Oracle’s ambitious entry into the AI ​​sector, fueled by significant borrowing, has caused unrest on Wall Street. The tech giant has promised to invest hundreds […]

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