Nvidia’s stock price just experienced one of the most extreme valuation swings in market history – almost 1 trillion dollars in less than three days. This is uncomfortably similar to the technology bubble of the late 1990s, and it raises an important question: Are we in an AI bubble? Let’s decipher that question and ways […]
Michael Burry, the investor immortalized by The big short one for predicting the 2008 housing market collapse has once again roiled global markets. His fund, Scion Asset Management, has taken a bearish position on Nvidia and Palantir, two of the biggest symbols of the ongoing artificial intelligence (AI) boom, according to a CNN report. Scion […]