Market News / Story
Michael Burry Says Trump Will ‘Pull Out All The Stops’ For AI — ‘Dean Of Valuation’ Holds 5 Mag Seven Stocks, Adds Cash
Stocktwits ·
Stocktwits reports: “The Big Short” investor Michael Burry expects the Trump administration to “pull out all the stops” to protect the AI boom, while valuation expert Aswath Damodaran is holding five “Magnificent Seven” stocks but parking most fresh investment money in cash. The SPDR S&P 500 ETF Trust (SPY) fell 0.4% and Invesco QQQ Trust (QQQ) slid 1.3% on Thursday, while the SPDR Dow Jones Industrial Average ETF Trust (DIA) edged up 0.1%, mirroring the broader indexes’ mixed finish.…
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