US EditionInfamous Trader Bets Millions on AI Bubble Bursting in Ominous Sign for Markets
4 Articles
4 Articles
Infamous trader bets millions on AI bubble bursting in ominous sign for markets
US trader Michael Burry, who was played by Christian Bale in the Hollywood film The Big Short, has effectively bet that the current AI bubble will burst. Read this and the rest of today's personal finance and consumer news below.
If there are two companies that can be called the winners of the AI revolution so far, they are probably Palantir and Nvidia. The graphics chip manufacturer has become the most valuable company in the world in just a few years, with a market capitalization of over five trillion dollars. Also Palantir, which uses AI to...
I was born and raised in a family with many ethical and moral values, typical of the late 80s and early 90s. My dad worked without rest; my mom took care of the home with dedication. At home everything was talked about, less money. Like any curious child, I would sneak into my parents’ talks. I listened to issues of neighbors, school, work, but finances were a forbidden territory. Life continued its course until one day my dad got sick. Suddenly…
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