Software Slump Sparks Selloff: Burry's Microsoft Bet Lights a Path Back

The Big Idea

Picture this: software giants like IBM and ServiceNow drop earnings bombshells, whispering that AI might be eating their lunch. Stocks tank. Panic sells. Then Michael Burry—the guy who saw the housing crash coming—quietly scoops up Microsoft shares. It's the kind of move that screams 'bargain time' in a sector that's suddenly feeling the chill.

Setting the Scene

The software world was riding high on AI hype, but reality bit hard this week. Global equities dipped amid sour...