We have hit new highs. There was some nervousness before it actually hit a new high. I think the primary reason was the ‘monsoon’. Now with the advent and decent spread, markets seem to have shaken that worry.
Michael Burry calls Nvidia ‘heck of a trade’ after Huang’s scandal sparks $430 bn selloff. Why is Big Short fame dismissing fears?
Michael Burry sees a near-term trading opportunity in Nvidia despite his broader concerns about AI valuations. The Big Short investor believes Jensen Huang’s personal controversy