Asset Management – Charm

Big Tech drags down S&P 500 amid jitters over highly valued stock market

Published: Nov. 6, 2025 at 3:34 p.m. ET U.S. stocks are stumbling this month amid worries over stretched valuations, with the S&P 500’s concentration in Big Tech making it vulnerable to pullbacks like the one seen Thursday. Most of the Big Tech stocks known as the Magnificent Seven trade at lofty valuations well above the highly…

Michael Burry of ‘Big Short’ fame discloses bets against Palantir and Nvidia

Cs news1 month ago04 mins

Investor Michael Burry disclosed on Monday that his hedge fund, Scion Asset Management, has taken positions against tech heavyweights Nvidia (NVDA) and Palantir (PLTR). Burry, who rose to fame for correctly predicting the US housing market bubble and subsequent stock market crash in 2008, has taken out puts — or trades that benefit from a…