1 of 1
Story summary
- Michael Burry warned on May 8, 2026 that the AI rally mirrors the 2000 dot-com bubble.
- He said stocks rise despite jobs and consumer data, climbing only because they have been rising.
- The S&P 500 and Nasdaq set fresh records on Friday, while the Philadelphia Semiconductor Index is up 65% in 2026.
- Paul Tudor Jones warned the AI rally could last 1-2 years but may end in a sharp decline.
