WS #11483

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Michael Burry expands bearish bets on QQQ and SOXX, calling tech stocks in a 'blowoff top', adding contrarian risk to the AI rally. Foxconn Q2 sales beat estimates, up ~40% YoY, driven by strong AI demand, supporting AI hardware supply chain.

Tech Blowoff Top Warning

Michael Burry expands bearish bets on QQQ and SOXX, calling tech stocks in a 'blowoff top', adding contrarian risk to the AI rally.

Foxconn Q2 sales beat estimates, up ~40% YoY, driven by strong AI demand, supporting AI hardware supply chain.

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