ai, Nvidia and big short
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Michael Burry, the famed investor behind “The Big Short,” is betting artificial intelligence is more of a bubble than a revolution.
Burry made a fortune when he predicted the 2008 financial crisis and bet against the U.S. housing market collapse. His instinct led to the creation of “The Big Short” book and movie, and carved out his position as an iconic investor.
Michael Burry is the billionaire investor famous for predicting the 2008 housing crash immortalized in the book and movie titled, “The Big Short.” While he doesn’t always short stocks — Burry’s Scion Asset Management hedge fund just bet big on Molina Healthcare (NYSE:MOH) — it seems that Burry has turned his skeptical eye toward the
Hedge fund billionaire Michael Burry recently made big bets against popular artificial intelligence (AI) stocks Palantir and Nvidia.
Michael Burry, the investor of The Big Short fame, is betting against artificial intelligence. Burry, who correctly called the 2008 housing market collapse, returned to X Thursday after a two-year hiatus to warn of an AI “bubble” with a series of cryptic messages and memes.
The two companies he’s shorting are the ones making all the money, which is super weird,” Alex Karp told CNBC’s “Squawk Box” on Tuesday.
Michael Burry, famed for predicting the 2008 financial crisis, has taken a $1.1 billion short position against Nvidia and Palantir amid a surge in tech market volatility. Explore the implications of his bearish stance and reactions from industry leaders like Palantir's CEO Alex Karp.
Michael Burry bets against Nvidia and Palantir, calling out an AI bubble; Palantir CEO Alex Karp slams shorts as “bats--- crazy.”
Michael Burry, who shorted the housing market in 2008, has bet over $1 billion that the shares of AI companies Nvidia and Palantir will fall.
Stock valuations have become uncomfortably rich, AI-related debt is ballooning, and a sustainable financial model for the technology has largely yet to emerge. Now Michael Burry, the investor who famously predicted the subprime-mortgage bubble bursting two decades ago,
"Big Short" investor Michael Burry bet big against Nvidia and Palantir. AI mania sent both stocks soaring, and now Burry is calling the top. His hedge fund's latest trades hint that the famed contrarian thinks another bubble is forming. "Big Short" investor Michael Burry backed his market bubble warning with big money.