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Putnam Investment Management Adds New Oracle Stake

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Flputnam Investment Management Co. bought 58,708 Oracle shares worth about $8.6M, while other managers initiated or added smaller positions totaling tens of thousands of dollars. Vice Chairman Jeffrey Henley sold 400,000 shares for about $63.7M. Investor Michael Burry reportedly increased his Oracle short, citing possible excess AI-computing capacity by 2028. Oracle stock fell about 0.1%.

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