• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Michael Burry Bets Against AI Stocks Nvidia and Palantir

Michael Burry Bets Against AI Stocks Nvidia and Palantir

user avatar

by Emily Carter

2 hours ago


Michael Burry, renowned for his prescient investment strategies, is making headlines again with his recent bearish bets against AI giants Nvidia and Palantir Technologies. After a decade of relative silence in the investment arena, Burry is raising alarms about what he perceives as an impending collapse in the AI stock market. The source reports that his concerns are rooted in the unsustainable valuations of these companies.

Инвестиции Бурри в опционы

Burry has reportedly invested approximately $10 million in put options against Nvidia and Palantir, a move that could potentially net him over $1 billion if his predictions about a downturn come to fruition. His skepticism is rooted in concerns over these companies' heavy dependence on government contracts and what he describes as dubious financial practices.

Реакция рынка на предупреждения Бурри

Despite Burry's warnings, the stock prices of Nvidia and Palantir have remained resilient, showing little reaction to his bearish outlook. This has led to a mix of skepticism and intrigue among investors, as Burry's past successes have made him a figure of interest. Yet his recent predictions have not yet materialized into tangible market shifts.

The tokenized commodities market has recently approached a significant milestone, nearing $4 billion as precious metals prices surge. This development contrasts with Michael Burry's bearish outlook on AI stocks. For more details, see tokenized commodities.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Astra Nova Rallies After LBank Listing Despite Overhang Risks

chest

Astra Nova experiences a strong price surge following its listing on LBank, despite lingering concerns from a previous hack.

user avatarDiego Alvarez

Kyuzos Friends Surges on Exchange Listings and Airdrop Hype

chest

Kyuzos Friends has posted a remarkable 45% gain in just 24 hours and a staggering 175% increase over the past week, driven by recent exchange listings and airdrop campaigns.

user avatarElias Mukuru

Long-Term Valuation Levels Remain Below Current Price

chest

Despite recent weakness, Bitcoin remains well above its long-term realized valuation, with key levels below the current market price.

user avatarMaria Fernandez

PBOC's New Strategy for AI Integration in Finance

chest

The People's Bank of China (PBOC) has announced a new strategy to integrate artificial intelligence (AI) into the financial sector, aiming to enhance financial governance and cross-border capital monitoring while addressing technology gaps faced by smaller institutions.

user avatarRajesh Kumar

Bitcoin Price Aligns with Active Investor Mean

chest

Bitcoin's spot price is trading almost exactly at the Active Investors Mean, indicating a balanced market.

user avatarGustavo Mendoza

Hilbert Group Acquires Enigma Nordic to Enhance Crypto Trading

chest

Hilbert Group has acquired Enigma Nordic for 25 million to boost its cryptocurrency trading capabilities.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.