Meta isn’t even mentioned in this article. I get how they seem connected but Burrys bet was against Palantir and Nvidia. This news about meta is tangentially related maybe but not a sure sign of Burrys bet
yes people but with all the circular investment, this is the first domino falling
meta may suffer a drop in stock price from speculators but this is “real” bad news for Nvidia who would have been a large benefitiary of the $600 billion investment as the produce the necessary hardware
https://www.bbc.com/news/articles/c867vyn2evlo
Meta isn’t even mentioned in this article. I get how they seem connected but Burrys bet was against Palantir and Nvidia. This news about meta is tangentially related maybe but not a sure sign of Burrys bet
yes people but with all the circular investment, this is the first domino falling
meta may suffer a drop in stock price from speculators but this is “real” bad news for Nvidia who would have been a large benefitiary of the $600 billion investment as the produce the necessary hardware