AI Bubble Bursts as Tech Shares Fall Sharply
A trader who inspired The Big Short has bet $1.1 billion against a surge in AI-related stocks, predicting a sharp correction in tech shares. Michael Burry’s move comes after record-high valuations for firms linked to the artificial intelligence industry. Major indexes in Asia fell sharply on Wednesday, with Japan’s Nikkei 225 down 2.5% and South … Read more