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Do you remember the trader who foresaw the big crash in 2008 and later became the star of the movie "The Big Short"? Michael Burry is back on the scene, and this time the targets are quite intriguing.
Burry's new move has caused a bombshell in the markets. He took a position against the world's most valuable tech giant, NVIDIA. Not only that, he also approached the shining star of data analysis, Palantir, in the same way. He has shorted both companies, indicating he expects their prices to fall.
So what does this mean? The man who shocked everyone in 2008 now seems to be questioning the valuations of tech giants.