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). The bets are structured to…
