Michael Burry is short Nebius Group N.V.
(NASDAQ:NBIS) at $211.77, describing his latest bearish bets as "a bit like shooting fish in a barrel." The Big Short investor disclosed the trade on his Substack last week alongside a short on Oracle Corp.
(NYSE:ORCL), saying put options on Nebius had become too expensive, so he shorted NBIS shares directly.
The AI cloud company reports second-quarter earnings before the open Wednesday, with the call at 8 a.m.
ET, and traders on Kalshi are betting on which words Arkady Volozh and his team will say.
