🧾MARKET RECAP → The S&P 500 rose about 1.6%, the NASDAQ Composite jumped approximately 2.7%, and the Dow Jones Industrial Average gained around 0.7%, buoyed by strong performances in tech stocks.

🥂 BURRY ON AI BUBBLE → Burry trades the hedge‑fund game for a newsletter, calls the AI boom a bubble, and tells investors the smartest play might be sitting it out.

📈 ALPHABET SURGE — CAUTION FIRST → Alphabet’s big AI bet is winning favor — yet the speed of the rally is triggering bubble alarms.

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For the week beginning November 24, 2025

📬 Newsletter Pivot: Michael Burry has launched a paid newsletter called Cassandra Unchained, signaling a shift from managing outside capital to publishing his market views directly. He deregistered his hedge fund Scion Asset Management, freeing himself from regulatory filings and investor‑constraints.

🌀 AI Bubble Warning: He argues that the current AI‑hype mirrors the dot‑com mania, citing companies like NVDA (Nvidia) and PLTR (Palantir) as symbols of what he sees as overinvestment in infrastructure rather than sustainable demand. He believes the “only winning move is not to play.

🎯 Investor Implications: For the average investor, the takeaway is caution — not defiance. Burry’s stance suggests that while AI stocks may continue to rally, they carry risks reminiscent of past bubbles. Use this as a prompt to revisit valuations, not necessarily to short.

📈 Momentum & Market Share: Alphabet Inc. (GOOGL) is riding a wave of optimism as investors increasingly believe it has gained an edge in the AI race over OpenAI. The stock is climbing sharply on hopes that Alphabet’s AI capabilities will pay off.

😰 Bubble Blue Flags: But many investors are getting nervous. The rapid ascent and lofty expectations resemble past bubbles, prompting concerns that today’s AI hype may be dislocated from long-term fundamentals.

🧐 What Investors Need to Know: Strong tech pedigree meets execution risk. Alphabet has the infrastructure, talent and scale to compete — yet if AI monetization, regulation or competition disappoints, the upside could slow and the downside become steeper.

Michael Burry launches newsletter to lay out his AI bubble views after deregistering hedge fund (CNBC)

Health care just did something it hadn’t done since late 1998. These names on our list stand to benefit the most (CNBC)

‘Stakes are high.’ With shutdown over, airlines predict record numbers of travelers this Thanksgiving (CNBC)

Ukraine desperate to keep Trump on its side in peace talks, while saving its sovereignty (CNBC)

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