Betting

One of The Short Sellers Who Predicted The 2008 Housing Crisis Now Looks to Be Betting Against AI

Investment Tips /
One of The Short Sellers Who Predicted The 2008 Housing Crisis Now Looks to Be Betting Against AI

Key Takeaways “The Big Short” investor Michael Burry’s investment firm Scion owned put options on Nvidia and Palantir at the end of the third quarter, new filings show. That means Burry was at one point betting, in either the short-term or long-term, that the companies’ stocks would decline. Burry has posted messages on social media […]

One of The Short Sellers Who Predicted The 2008 Housing Crisis Now Looks to Be Betting Against AI Read More »

This $2 Billion Hedge Fund Led By a Former OpenAI Researcher Is Betting Against All Semiconductor Stocks Except These 2 Industry Giants

Personal Finance /
This $2 Billion Hedge Fund Led By a Former OpenAI Researcher Is Betting Against All Semiconductor Stocks Except These 2 Industry Giants

The long-term potential of these two companies may be underappreciated. Advances in artificial intelligence (AI) have the power to create huge opportunities for some businesses, while completely disrupting others. A company that can’t adapt to the changing environment stands to fall behind or see its products or services made obsolete by tech-driven alternatives. Leopold Aschenbrenner,

This $2 Billion Hedge Fund Led By a Former OpenAI Researcher Is Betting Against All Semiconductor Stocks Except These 2 Industry Giants Read More »