Michael Burry's Contrarian Bets Against Nvidia and Palantir Spark Market Reactions

1 min read
Source: Business Insider
Michael Burry's Contrarian Bets Against Nvidia and Palantir Spark Market Reactions
Photo: Business Insider
TL;DR Summary

Michael Burry, known for predicting the 2008 financial crisis, has returned to social media to warn about the AI boom, comparing it to the dot-com bubble, and has taken significant short positions against Nvidia and Palantir, betting that their stocks will decline if they miss forecasts.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

5 min

vs 6 min read

Condensed

96%

1,04746 words

Want the full story? Read the original article

Read on Business Insider