Investor Michael Burry, known for “The Big Short,” says the Nasdaq 100 could be heading for a sharp downturn. He compares today’s “parabolic” tech surge to the dot-com bubble’s peak, citing surging chip stocks and stretched valuations. Burry argues Wall Street may be overestimating earnings and urges caution, including profit-taking, ahead of a likely correction.
With global markets at record highs driven by AI-fueled tech enthusiasm, billionaire investor Paul Tudor Jones says the current phase still has room to run for about a year or two. Drawing parallels to Microsoft’s early rise and the internet boom, he also cautions that this momentum could eventually flip into a major downturn similar to the dot-com bubble’s collapse.
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