Behind the Headlines On August 6, Nebius ($NBIS) took a -13.29% dive. Do you have any idea why? Many traders will tell you it was a guy named Michael Burry, after he disclosed a short position against Nebius at $211.77. It made a wonderful headline. But I’m here to tell you that is wrong. Burry’s disclosure may have triggered some algorithms to sell, and it may have nudged retail traders into locking in profits or even climbing aboard the short beside him. But I’m telling you he was not the cata
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