Unhappy with Wall Street's love for AI stocks, Michael Burry links it to big spending announced out of Korea; says: I see that as the beginning of the end because ...
America’s biggest investor, Michael Burry who is known for predicting the 2008 housing crash and expanded his bearish wagers against the AI stock rally. According to a report by the Wall Street Journal, Burry’s latest positions include shorts on Tesla, Caterpillar, Applied Materials, and an ETF tracking semiconductor makers (SOXX).
America’s biggest investor, Michael Burry who is known for predicting the 2008 housing crash and expanded his bearish wagers against the AI stock rally. According to a report by the Wall Street Journal, Burry’s latest positions include shorts on Tesla, Caterpillar, Applied Materials, and an ETF tracking semiconductor makers (SOXX).
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
