Michael Burry Bets $1.1 Billion Against AI Giants Nvidia and Palantir
TL;DR Summary
Famous contrarian investor Michael Burry has made a significant bet against AI giants Nvidia and Palantir, betting that their high valuations and history of bubbles suggest their stocks may decline, echoing his past successful short positions like during the 2008 financial crisis.
- "Big Short" Investor Michael Burry Just Placed a Big Wager Against Artificial Intelligence (AI) Giants Nvidia and Palantir -- and History Is on His Side The Motley Fool
- The 'Big Short' Guy Just Bet $1.1 Billion Against AI Giants—And Markets Are Still Absorbing It Yahoo Finance
- Alex Karp blasts 'Big Short' investor Michael Burry as 'bats--- crazy' for bets against Palantir, Nvidia CNBC
- ‘Big Short’ investor Michael Burry has a $1.1 billion bet against AI stocks, and markets are plunging Fortune
- Why Michael Burry of 'The Big Short' is betting against Nvidia, Palantir, and AI Business Insider
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
5 min
vs 5 min read
Condensed
96%
981 → 42 words
Want the full story? Read the original article
Read on The Motley Fool