Big Short guru: Nasdaq about to resemble a ‘bloody car crash’ Markets The investment guru depicted in the Big Short has warned that New York’s Nasdaq resembled “the scene of a bloody car crash, minutes before it happens”, accusing Wall St of overinflating the bumper Big Tech earnings that have carried US indexes to a string of all-time highs. Michael Burry, whose decision to bet against the [...]
AI bubble tensions flare after Wall Street’s £750bn hit Tech The bubbling market tensions continued to simmer on Monday as Wall Street sprung back to life after a week of AI jitters and tech nerves. US markets were coming off a week where AI-related firms lost over £750bn in market value led by a £350bn plunge in chipmaker Nvidia, which lost nearly ten per cent [...]
Tech stocks plunge after Big Short investor bets against AI Tech American tech stocks fell sharply on Tuesday after a hedge fund manager famed for predicting the Global Financial Crisis revealed he had taken out a billion-dollar bet against some of the world’s largest artificial intelligence companies. Michael Burry, the star stock picker whose decision to short the property market was depicted in the blockbuster ‘Big [...]
Which stocks are Warren Buffett, Michael Burry and Bill Ackman buying? August 15, 2024 A raft of the biggest US investors, like Warren Buffett, the Big Short’s Michael Burry, and Bill Ackman have disclosed which stocks they’ve bought and sold over the last three months. The holdings were revealed in 13-F filings last night, which all US funds worth over $100m have to file with the Securities and Exchange [...]
Warren Buffett and The Big Short’s Michael Burry: Why are they selling Apple and buying gold? May 16, 2024 The latest portfolio moves of Warren Buffett and Michael Burry have been revealed.