After popular investor and hedge fund manager Michael Burry warned a bubble is forming in the artificial intelligence (AI) sector, an AI entrepreneur has warned that the crypto market has entered a ...
What just happened? Michael Burry is winding down his hedge fund, Scion Asset Management, after warning that US equity markets no longer reflect underlying economic value. The investor, whose ...
Burry's fund, Scion Asset Management, made big bets against Palantir and Nvidia in the third quarter of the year. However, Scion also purchased a few stocks. One of those purchases is a consumer ...
LONDON/NEW YORK, Nov 13 (Reuters) - Michael Burry, the investor whose successful bets against the U.S. housing market in 2008 were recounted in the movie "The Big Short," is closing his hedge fund, ...
Before joining Investopedia, David Marino-Nachison was an editor at The Wall Street Journal focused mainly on daily markets and investing news. He also worked on The Journal’s publishing desk; as a ...
Earlier this month, news emerged that Michael Burry, who famously shorted the US housing market before its collapse in 2008, had placed bets worth over $1 billion against the share prices of AI ...
Nearly two decades after he became a Wall Street legend for predicting the 2008 housing crash, investor Michael Burry once again came out of the shadows with his bold bets against AI darlings Nvidia ...
Nov 13 (Reuters) - Michael Burry, whose bets against the U.S. housing market before the 2008 financial crisis were chronicled in the movie "The Big Short," is a closely watched figure for his ...
Michael Burry, the famed investor behind “The Big Short,” is betting artificial intelligence is more of a bubble than a revolution. Burry is known for his prophetic call that the US housing market ...
Palantir represents Burry’s largest position at $912M in notional value, with Nvidia puts at $186M, betting on a decline in AI stocks. Michael Burry’s Scion Asset Management allocated 80% of its $1.1B ...
Palantir CEO Alex Karp blasted short sellers on Tuesday, singling out famed investor Michael Burry as “bats–t crazy” for his combined $1.1 billion bet against his company as well as AI chipmaker ...
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