Daniel Newman
@danielnewmanUV
CEO @TheFuturumGroup @FuturumEquities | Co-Founder @TheSixFiveMedia & @Signal_65 | @Forbes @MarketWatch Contributor | 7x Best-Seller | Dad x3 | Disclosures👇
Joined December 2010
3.7K Following 78.3K Followers
He is buying $NVDA calls to “Hedge”
Wouldn’t it be funny if he goes ‘full bull’ on AI? 🙃 🐂
Michael Burry just said he is covering some of his shorts and reducing the size of his bearish bets on $NVDA and $CRWV.
That comes as CoreWeave signs A100 contracts through 2029 which directly challenges idea that older GPUs lose their value as quickly as the bear case assumed.
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