Lates News

Carson Block, CEO of short-selling firm Muddy Waters Capital, stated that now is not the time to bet on a decline in large US tech stocks, despite increasing warnings of an artificial intelligence bubble in the market. Block said, "In the current market, I would rather go long than short. If you still want to short Nvidia or other large tech stocks now, your business probably won't last long." Block mentioned that he is focusing on some small companies involved in artificial intelligence as potential short targets. He said, "There are many so-called AI concept stocks, companies that ride on the AI trend - these are the ones to consider shorting. But as long as industry leaders like Nvidia continue to rise, this type of trading is very risky."