Tag Archives | Michael Burry

MIB Daily: The AI Trade Failed a Funding Test, Not a Demand Test, Alibaba Paying 9.67% for $10.2bn; Steel Rallied on a Tariff Priced Out; Payments Led; Yield Relief Was Plumbing; Nvidia Reports Wednesday

Samsung’s record $65-80bn payout still disappointed and took the US memory complex with it: SanDisk -6.49%, Micron -5.85%, the chip index into a bear market. Trump threatened 50% tariffs on Canadian autos and parts from 2027; Detroit sold off. Alibaba raised $10.2bn for AI at an 8.4% discount and fell 9.67%. Treasury’s broadest-ever Iran sanctions somehow knocked crude down 2.4%, though diesel still runs 52% above last year. Money hid in payments; Visa hit a 52-week high. Nvidia reports Wednesday.

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MIB: Ceasefire Without Peace — Iran’s Crypto Tolls Keep Hormuz Blocked as Amazon’s AI Billions Power a Fractured Rally

Hormuz stays blocked — Iran demands crypto tolls from tankers; WTI +4.5% to $98.65, briefly clearing $100 intraday. Amazon (AMZN +5.6%) CEO Jassy disclosed AWS AI revenue hit $15B+ annualized. Meta signed a $21B AI cloud deal with CoreWeave through 2032. Anthropic’s Managed Agents launch hammered enterprise AI peers — PLTR -7.3%, ORCL -4%. IMF cut US 2026 growth forecast to 1.6%. S&P 500 +0.62% to 6,824 in post-ceasefire consolidation.

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  ANNOUNCEMENT : The next generation WLEI3 had its first out-of-sample update! An auspicious moment for index builders.