'Big Short' Michael Burry Bets Against Nvidia, Other Microchip Stocks
Michael Burry's Scion Asset Management bought bearish put options on a semiconductor ETF that counts Nvidia among its largest holdings.
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Michael Burry's Scion Asset Management bought bearish put options on a semiconductor ETF that counts Nvidia among its largest holdings.
Equity performance this year has turned increasingly narrow, and the top names account for the vast majority of investors' returns.
Investors' fears about the Fed's rate hikes and spiking bond yields have fueled a massive sell-off for tech stocks.
Leon Cooperman told Insider the stock market was overpriced and poised to underperform in the years ahead and home prices were at unsustainable highs.
Jason Hsu thought Nvidia's rally couldn't last any longer, so talked his mom into selling the semiconductor giant for $250 a share.