WS #11484

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Michael Burry rolls put options on QQQ and SOXX into larger positions, calling tech a 'blowoff top' and signaling a potential tech selloff. Foxconn reports strong Q2 sales up ~40% YoY, beating estimates and indicating sustained AI demand, supporting NVDA and AI hardware names.

Michael Burry expands bearish tech bets

Michael Burry rolls put options on QQQ and SOXX into larger positions, calling tech a 'blowoff top' and signaling a potential tech selloff.

Foxconn reports strong Q2 sales up ~40% YoY, beating estimates and indicating sustained AI demand, supporting NVDA and AI hardware names.

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