But all those salesmen couldn't be wrong? /s

Kiss your pensions goodbye, the World's Richest Man wants them and who would dare stop him?

https://www.businessinsider.com/big-short-michael-burry-spacex-anthropic-ipo-ai-bubble-claude-2026-6

#SpaceX #Anthropic #AIBubble #MichaelBurry #StockMarket #USPol #USPolitics #ElonMusk #Musk

Times of India | America’s biggest investor Michael Burry says: Plain and simple, AI stocks are an asset bubble as ...

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Michael Burry, the investor famed for forecasting the 2008 housing crash, has warned that the current surge in AI stocks mirrors the dot‑com bubble of the late 1990s and is likely an “asset bubble, plain and simple.” Citing a Business Insider report on Burry’s Substack post, he noted that 87 % of this year’s venture‑capital funding has gone to AI—far higher than the sub‑40 % share for internet firms in 1999—and that high‑yield debt tied to AI now stands at 38 %, comparable to the 40‑50 % levels seen during the dot‑com era. While cautioning investors, Burry disclosed purchases of Adobe, PayPal and Lululemon as part of a “mass whale fall” away from AI‑centric bets, arguing that many AI startups remain loss‑making and that the market’s enthusiasm is driven by speculative options and leverage rather than genuine enterprise value. He questioned the lasting utility of AI projects, pointing to studies showing limited practical outcomes and warning that demand could wane amid recessionary pressures, geopolitical risks, and consumer reluctance to pay for AI tools that are often available for free. His stark warning likened the market to “jumping the shark” and suggested a crash could be imminent, echoing the fate of the 1999 tech rally.

Read more: https://timesofindia.indiatimes.com/technology/tech-news/americas-biggest-investor-michael-burry-says-plain-and-simple-ai-stocks-are-an-asset-bubble-as-/articleshow/131228898.cms

#MichaelBurry #Substack #Adobe #PayPal #Lululemon

US Top News and Analysis | Michael Burry adds to beaten-down stocks while warning of echoes of dot-com bubble

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Michael Burry, famed for predicting the housing crash, disclosed new purchases in several undervalued companies while warning that the current AI‑driven market frenzy mirrors the late‑stage dot‑com bubble of 1999‑2000. He increased his stake in Latin‑American e‑commerce leader MercadoLibre, added to positions in Adobe, PayPal, Zoetis and built a sizable holding in Lululemon, describing these as “mass whale fall” opportunities away from the AI spectacle. Burry argues that capital is overly concentrated in AI‑related themes—evidenced by 87 % of venture‑capital funding and a large share of both investment‑grade and high‑yield bond issuance—creating an asset bubble that could burst like the technology bubble, with debt that was once “clean” potentially turning junk. He urges investors to curb exposure to parabolic stocks and consider the overlooked, long‑term winners in older industries and international markets.

Read more: https://www.cnbc.com/2026/05/19/michael-burry-adds-to-beaten-down-stocks-while-warning-of-echoes-of-dot-com-bubble.html

#MichaelBurry #TorstenSlok #MercadoLibre

qwant news | Trump touted Palantir on Truth Social after buying the company's stock, records show

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President Donald Trump bought shares of artificial‑intelligence software firm Palantir in early 2026, purchasing between roughly $247,000 and $630,000 of stock during the first quarter—seven trades in March alone totalling about $530,000—before publicly praising the company on his Truth Social platform, where he claimed Palantir’s tools had “great war‑fighting capabilities.” He later sold up to $5 million of Palantir shares on Feb. 10 and made additional sales over the next two weeks, while also acquiring sizable positions in other tech giants such as Nvidia, Apple, Amazon, Microsoft, ServiceNow, Workday, Oracle and Broadcom. According to the U.S. Office of Government Ethics, Trump’s investments are managed in fully discretionary, third‑party accounts that make all decisions independently, with the president and his organization having no role in selecting or approving individual trades.

Read more: https://www.cnbc.com/2026/05/15/trump-palantir-stock-truth-social.html

#DonaldTrump #Palantir #TruthSocial #MichaelBurry #TrumpOrganization

Al Jazeera – Breaking News, World News and Video from Al Jazeera | EBay rejects GameStop’s $56bn bid as ‘neither credible nor attractive’

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eBay has turned down GameStop’s $56 billion takeover proposal, calling it “neither credible nor attractive” and citing doubts over financing, potential impacts on eBay’s long‑term growth and the leadership structure of a combined firm. The bid, put forward by GameStop CEO Ryan Cohen—who owns a 5 % stake in eBay—relied on a $20 billion debt commitment from TD Bank and combined cash and stock payments, but analysts questioned whether the financing would hold up, especially given Moody’s view that the deal would be credit‑negative for eBay. eBay’s chairman Paul Pressler emphasized that under CEO Jamie Iannone the company’s turnaround has already delivered strong performance, with a 201 % stock gain in six years and a 31 % EBITDA margin, far outpacing GameStop’s 10 % margin. While Cohen argues that merging the two could generate cost synergies and leverage GameStop’s physical store network to better rival Amazon, investors remain skeptical, and the offer has already prompted some GameStop shareholders, such as Michael Burry, to sell their stakes.

Read more: https://www.aljazeera.com/economy/2026/5/12/ebay-rejects-gamestops-56bn-bid-as-neither-credible-nor-attractive?traffic_source=rss

#PaulPressler #JamieIannone #RyanCohen #MichaelBurry #EBay #GameStop #TDBank #Moodys #Amazon #

US Top News and Analysis | Bulls and bears both believe this could be 1999 all over again. Embrace it or dump your tech stocks?

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Bulls and bears are locked in a debate over whether today’s market is repeating the 1999 tech‑driven bubble, with some urging a sell‑off of tech stocks and others urging a buy‑in. The Philadelphia Semiconductor Index is at an overbought level not seen since early 2000 and 1995, while the S&P 500 has posted record highs even though fewer than 60 % of its components are above their 50‑ and 200‑day moving averages—a pattern that previously preceded market tops. Analysts note that the strongest price gains are now coming from companies with rapid earnings‑forecast momentum, led by semiconductor firms such as Micron, and that AI‑related megacap stocks (Amazon, Google, Meta, Microsoft) are driving much of the rally. While some, like Michael Burry, label the surge “bubbly” and warn of a pull‑back, others point out that today’s environment differs from the late‑1990s: valuations are high but not necessarily at a melting‑point, and the market’s exposure to AI and cloud infrastructure is broader and more asset‑intensive. The consensus advice is to stay aware of the heavy bets on semis and AI, consider rebalancing, and watch for clear signs of a market breakdown rather than assuming a precise repeat of the 1999‑2000 extremes.

Read more: https://www.cnbc.com/2026/05/12/bulls-and-bears-both-believe-this-could-be-1999-all-over-again-embrace-it-or-dump-your-tech-stocks.html

#MichaelBurry #MicronTechnology #NasdaqComposite #SP500 #WallStreet #DavidSnyder

US Top News and Analysis | ‘The haters will hate’: Dan Ives predicts Nasdaq 30,000 as AI rally expands

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Dan Ives, managing director at Wedbush Securities, told CNBC that the Nasdaq will climb to 30,000 points within the next year as a strong tech earnings season fuels enthusiasm for AI-driven investments. He said recent earnings have validated the bullish AI thesis, noting a 10‑to‑1 demand‑supply gap for chips and describing the current surge as a “memory super‑cycle.” Ives expects the AI rally to continue for two more years, emphasizing the need to invest across hyperscalers, chips, software, cybersecurity, infrastructure and power. While Michael Burry warned the market may be echoing the late‑1990s dot‑com bubble, Ives remains confident, citing the 38% rise in the PHLX Semiconductor Index and double‑digit gains for companies such as Intel, Nvidia, Apple and Alphabet.

Read more: https://www.cnbc.com/2026/05/11/the-haters-will-hate-dan-ives-predicts-nasdaq-rally.html

#DanIves #WedbushSecurities #CNBC #Nasdaq #Intel #Nvidia #Apple #Alphabet #SKHynix #MichaelBurry # #PaulTudorJones

Times of India | Michael Burry, who predicted US housing crash of 2008, warns investors: Stocks are not up or down because of jobs or consumer sentiment, they are straight up as ...

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Michael Burry, the investor famous for predicting the 2008 US housing crash, has warned that the market’s current obsession with artificial intelligence is driving stocks higher without regard to fundamentals such as jobs or consumer sentiment. In a Substack post, Burry noted that the S&P 500’s recent record highs were fueled by AI hype rather than economic data, likening the surge in the Philadelphia Semiconductor Index to the pre‑dot‑com bubble rally of 1999‑2000. He cautioned that tech giants are pouring trillions into AI infrastructure that may quickly become obsolete, with no clear path to real‑economy returns, and warned that this unchecked spending could lead to a significant correction. Fellow investor Paul Tudor Jones echoed these concerns, suggesting that valuations are inflating to unsustainable levels and that a later “breathtaking” correction could follow.

Read more: https://timesofindia.indiatimes.com/technology/tech-news/michael-burry-who-predicted-us-housing-crash-of-2008-warns-investors-stocks-are-not-up-or-down-because-of-jobs-or-consumer-sentiment-they-are-straight-up-as-/articleshow/131013290.cms

#MichaelBurry #Substack #SP #SOX #PhiladelphiaSemiconductor #PaulTudor # #PaulTudorJones