The tech-heavy index was down 1.3% on Tuesday, though it rallied off its lows from earlier in the session. The Dow cut its decline to 181 points, or 0.4%. The S&P 500 was down 0.8%.
Trader Michael Burry, famous for calling the 2008 housing crisis, has announced bets against Palantir and Nvidia.
Stock valuations have become uncomfortably rich, AI-related debt is ballooning, and a sustainable financial model for the ...
Sometimes, we see bubbles,” Burry said in a recent X post. “Sometimes, there is something to do about it. Sometimes, the only ...
Michael Burry, the investor who is famous for predicting the 2008 housing market crash and was portrayed by Christian Bale in ...
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Stock Market Today: Dow Cuts Loss; 'Big Short' Burry Bets Against Nvidia, Palantir (Live Coverage)
The Dow cut a larger earlier loss to 0.2%. The Nasdaq composite dropped 1% and the S&P 500 retreated nearly 0.6%, as Palantir ...
Stocks fell on Wall Street, pulled down by losses in the same big tech companies that have been the main drivers of the ...
The AMD stock price has been in a strong bull run and is hovering at a record high as investors waited for the latest financial results ...
Palantir stock sold off after earnings despite solid results, while comments from bank CEOs have raised concerns about a more severe pullback.
Concerns are mounting that the bullish stock market is due for a downturn, especially if AI stocks have been overvalued.
Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) has been the odd one out in the Magnificent Seven for a while. The stock didn’t make ...
Nvidia shares fell 2% in premarket trading on Tuesday following news of Burry’s positions. The decline matched broader market weakness, with S&P 500 futures dropping 1.1%. Other semiconductor stocks ...
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