Michael Burry Warns of Tech Stock Crash

Michael Burry, the investor known for predicting the 2008 financial crisis, is sounding the alarm on the current tech stock rally. He believes the Nasdaq 100 Index's rapid ascent mirrors the dot-com bubble's peak in 2000, suggesting a significant downturn is imminent. Burry's warning highlights concerns about inflated valuations in the technology sector, which he views as unsustainable and potentially leading to a sharp market correction.