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In Must Read Warning, Iconic Hedge Fund Elliott Sees Spectacular End To AI Bubble

Business August 04, 2024

With $70 billion in assets under management, when hedge fund Elliott Management speaks, people should listen... even if they don't like the message.

The iconic fund told investors that Nvidia is in a "bubble", and the artificial intelligence technology driving the chipmaking giant’s share price is "overhyped with many applications not ready for prime time".

Elliott's view echoes that of Goldman Sachs head of research, who warned:

Previous article: The $20 Trillion Carry Trade Has Finally Blown Up Prev Next article: Did The Buffett News Leak? Goldman Warns Orderly Selling Turned "Panicky" On Friday Amid Record Sales Of Tech Next

Authored by Tyler Durden via ZeroHedge August 4th 2024

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