🚨 BREAKING: Michael Burry goes short on $PLTR and $NVDA in his latest 13F filing Scion Capital just bought put options on 1M Nvidia shares and 5M Palantir shares 👀 The Big Short is feeling bearish on AI

Breaking: SpaceX President just sold $52.55M of $SPCX Gwynne Shotwell runs daily operations since 2008 • Sold shares for prices between $151 and $155 each • Shotwell holds $366M in $SPCX she hasn't sold • 342,170 shares sold across 5 transactions on Sept 22

Breaking: Michael Burry warns Big Tech's AI spending could trigger massive write-offs by 2028-2029 Here's his reasoning and what it means for the future: 1. Microsoft, Amazon, Alphabet, Meta, and Oracle have racked up ~$3 trillion combined in purchase commitments, leases, and guarantees tied to AI infrastructure 2. Net capital investment by S&P 500 companies hit 2.07% of GDP as of June 30, the highest level in nearly 40 years outside the 2000 Nasdaq peak 3. Alphabet alone carries nearly $900 billion in off-balance-sheet exposure 4. Burry states "Capital alone is no lasting competitive advantage,". The same capital-cycle pattern that sank previous booms in the markets If Big Tech wipes out these massive investments by 2028, it means tech companies will lose billions in paper profits, stock prices will crash, and chip companies feeding the AI bubble will run out of customers

Breaking: Oracle is plunging after sending developer Blue Owl Capital a force majeure notice on Project Jupiter, its $165B New Mexico data center Burry disclosed $ORCL short as his top position $ORCL lost ~$23,100,000,000 in market capitalization

Update: It's been 49 day since Michael Burry shorted Oracle $ORCL It's down ~3% since

Breaking: Sam Altman and Dario Amodei just told the UN Security Council AI could be "a risk to humanity as a whole" and warned we could "lose control of the future to AI" Ten days ago, Michael Burry called this exact talking point self-serving hype: 1. LLMs are not AI and won't be AGI. There is nothing to slow down 2. Competition is coming up fast, slowing benefits incumbents 3. IPOs need hype & puffery; "we are so awesome it could become dangerous" is hype & puffery 4. Cover for real uncontrollable slowing growth as IPOs look to be pushed out

Update: Palantir just crossed $190 for the first time in a year $PLTR now up 669% since Jim Simons disclosed a $21M stake He first opened the $PLTR position in Q2 2021

Breaking: NVIDIA director Mark Stevens just sold $300M of $NVDA He's held a board seat since 2008 • Aug 31-Sep 2: Sold $410.8M $NVDA shares • Sep 4: Sold an additional $235.6M • Sep 18: Sold an additional $300M of shares Nearly $947M sold in under a month Stevens holds $6.3B in $NVDA he hasn't sold

Breaking: Michael Burry just doubled down on his shorts He: • Added to Micron $MU shorts • Added to Nebius $NBIS shorts • Added to Semiconductor ETF $SOXX shorts • Added to Palantir $PLTR shorts • Bought more QXO $QXO • Bought more Build-A-Bear $BBW • Bought more Sprouts Farmers Market $SFM • Bought more Birkenstock $BIRK • Bought more MercadoLibre $MELI Burry said "I find the prices offered by the market rather attractive. All these positions are full positions for me now." per his Substack

When you realize Michael Burry built new positions in a copper miner, a furniture retailer, and a pet medicine stock… while calling every AI trade a 'woo-hoo'

Breaking: Michael Burry has disclosed his updated positions He: • Bought Ero Copper $ERO • Bought QXO $QXO • Added to Temple & Webster $TPW • Added to Sprouts Farmers Market $SFM • Added to Zoetis $ZTS On his short book, Burry said: "I did not know any better. Neither shorts covered nor puts sold"