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Michael Burry warns of a market top amid soaring tech stocks and high valuations, urging caution.

Market News
18 May 2026
24/7 Wall Street
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Neutral
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Michael Burry, famous for predicting market crashes, has declared in May 2026 that the stock market has peaked, citing the rapid rise in semiconductor and tech stocks like NVIDIA as reminiscent of the 2000 dot-com bubble. Despite strong fundamentals and impressive growth in companies like NVIDIA, valuations are extremely high, with the S&P 500 Shiller PE ratio above 40, signaling potential overvaluation. Burry advises investors to reject greed, consider taking profits, and prepare for a possible downturn, comparing current conditions to past market crashes. While the long-term outlook for U.S. equities and tech remains positive, Burry focuses on the risks in the next twelve months.

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