BEIJING, Nov 5 (Xinhua) The three major stock indexes on the New York Stock Exchange fell on November 4, with technology stocks leading the decline. Prior to this, Michael Burry, a renowned short seller in the United States, said he had placed bets w

Burry gained fame in 2008 for shorting the US real estate market. His story was later featured in the hit movie The Big Short.

This is the Wall Street street sign photographed outside the New York Stock Exchange on January 18, 2022. By Xinhua News Agency/Guo Ke

According to regulatory documents released on the 3rd, Berry has invested about $1.1 billion to buy put options on Nvidia and software company Palantir, which can profit from stock price declines. The documents also show that he bought call options o

According to the Financial City Morning Post website, Berry's current short position is clearly similar to the bets he placed on the eve of the collapse of the US real estate market as described in The Big Short, and it also allows one to compare tod

Burry's short positions include betting $912 million against Palantir and $186 million against Nvidia. As the founder of SagePoint Asset Management, he pointed out on social media platform X that the demand for cloud computing has slowed down, confli

In addition, he posted a series of images on platform X, including a Bloomberg News chart report on the circular financing of Nvidia and other companies.

Burley's statement broke his silence after years of not making public remarks. The stock price of Palantir fell by 7.94% on the 4th, and Nvidia's stock price fell by 3.96% on the same day.

Palantir CEO Alex Karp said in an interview with CNBC on the 4th that the two companies he shorted are making a killing, which is super weird. Karp believes that what Barry really shorted is AI.

Thorn Asset Management and Nvidia have not responded yet.（reported by Bu Xiaoming）