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Michael Burry Highlights Rising AI Spending By Big Tech And Its Impact On S&P 500 — 'The Market Has Voted And The Results Are Clear'

in5points
  1. Michael Burry highlighted rising AI spending by big tech companies.

  2. Data compiled by Bloomberg showed that Alphabet, Microsoft, Amazon, Meta, Oracle, Micron, and Tesla detracted from the S&P 500 index's performance since June.

  3. Burry stated: 'The market has voted and the results are clear.'

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Rajeev Chandrasekhar

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