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Warren Buffett is buying, Michael Burry is shorting: The AI trade splitting Wall Street | NewsHunt | NewsHunt

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Warren Buffett is buying, Michael Burry is shorting: The AI trade splitting Wall Street

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Source: Economic Times

Warren Buffett is buying, Michael Burry is shorting: The AI trade splitting Wall Street

Warren Buffett and Michael Burry are taking opposing stances on the AI boom, highlighting investor uncertainty. Buffett’s Berkshire Hathaway has added a major stake in Alphabet, signaling confidence in the AI-driven growth, while Burry shorts Palantir and Nvidia, criticizing Big Tech accounting practices. Their contrasting positions coincide with transitions in their careers and growing debate over whether AI hype is justified or a bubble.

Read Full Article on Economic Times

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