NVDA News Today, Nov 16: Michael Burry’s Bold Short on AI Giants Rattles Market

Michael Burry, famous for predicting the 2008 financial crisis, is now capturing headlines with a bold bet against major AI powerhouses like Nvidia and Palantir. This move has sparked conversations about a possible “AI bubble” and its potential consequences for investors. As of November 16, Nvidia’s stock sits at $190.17, showing a positive change of 1.77%. Palantir, on the other hand, is priced at $174.01 with a similar upward trend. Burry’s actions have undoubtedly caused stirrings in the market, challenging investor confidence in these AI giants.