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Michael Burry Bets $1B Against Nvidia & Palantir, AI Crash Incoming?

Abstract high tech background (Andrei Berezovskii/Getty)

Hedge‑fund legend Michael Burry, known for forecasting the 2008 housing‑market collapse, is betting big against two of the hottest names in tech: Nvidia and Palantir Technologies. In recent filings by his firm Scion Asset Management, Burry revealed massive put‑option positions that suggest he believes the AI boom has entered bubble territory.

According to the disclosures, Scion held put options on 1 million shares of Nvidia with a notional value of approximately $187 million, and on 5 million shares of Palantir with a value near $912 million—combined, roughly $1.1 billion. These wagers represent the majority of Scion’s portfolio and signal deep conviction that the current valuations of both companies are unsustainable.

Burry’s move follows his social‑media warning: “Sometimes, we see bubbles. Sometimes, there is something to do about it.” His timing coincides with soaring valuations for both companies—Nvidia recently became the first company to hit a $5 trillion market cap, while Palantir grew over 170% this year alone.

Market reaction was immediate. Palantir stock tumbled 6‑9% and Nvidia slipped over 2% upon the news of Burry’s positions. Alex Karp, Palantir’s CEO, criticized Burry’s approach as “bats‑t crazy,” defending his company’s performance and questioning the investor’s motives.

Analysts are now questioning whether the AI‑rally narrative is due for a reckoning. While many believe the technology’s promise is real, Burry’s contrarian bets raise red flags for those grounded in free‑market thinking: when valuations outpace fundamentals, even rising stars can become vulnerable.

For Burry, the strategy signals his belief that the next major investment opportunity may not be finding the next tech disruptor—but recognizing when a boom turns into a bust.

Wikipedia Scandal Erupts, Checkuser Caught in Paid Editing Storm

Wikipedia
Wikipedia (Oberon Copeland/@veryinformed via Unsplash)

A senior administrator on the Serbian‑language Wikipedia, who holds “checkuser” privileges allowing access to confidential user data, has admitted to undertaking paid editing on Wikipedia—including on the English version—sparking fierce debate over whether such users should hold powerful oversight roles.

The editor in question, Bojan Cvjetković, confirmed he was paid to edit articles via his company, Brisk Web Services. He states the work complied with policy, but said that the admission came after complaints from another editor, Zoran Filipović, whose allegations triggered months of internal discussion. At the heart of the issue is whether someone with access to sensitive user information on Wikipedia should also be allowed to profit from editing—an apparent conflict of interest.

Paid editing is not strictly banned on Wikipedia under the Wikimedia Foundation Terms of Use, as long as it’s disclosed. However, undisclosed paid editing—so‑called “black‑hat” edits—has repeatedly led to bans. The real question now: should those with advanced privileges, like checkusers, be held to a higher standard?

The controversy intensified when an English‑language Wikipedia admin, Sohom Datta, noted that Cvjetković’s article on the “BetterSleep” app appeared to follow paid‑editing practice rather than neutral contribution. Datta argued that an editor who profits from editing while holding access to user data creates too high a risk. Some communities are exploring policy revisions to address this.

On the Serbian Wikipedia and the Meta discussion board, opinions diverge. Some administrators and users argue paid editing is permissible if disclosed, regardless of privileges held. Others say the very nature of checkuser access—visibility into user activity, IP addresses and private messaging—makes paid editing incompatible with such a role.

As of now, no formal restriction has been adopted across all communities. Cvjetković still holds his privileges while the broader discussion continues. The case raises questions about governance, transparency and consistency across Wikipedia’s global network of sites.

Norway’s Mega Fund Slams Musk’s $1 Trillion Tesla Payout Plan

Tesla (Prometheus/Unsplash)

In a dramatic move, Norway’s sovereign wealth fund—the world’s largest and a major Tesla shareholder—announced it will vote against Elon Musk’s proposed $1 trillion compensation package ahead of the company’s upcoming shareholder meeting. The fund cited concerns about the staggering size of the award, potential dilution of existing shareholders, and what it called Musk’s unchecked “key person risk”—a scenario where one individual’s decisions dominate the company’s fate.

The fund, now Tesla’s seventh‑largest investor with a 1.12 % stake worth approximately $17 billion, has a long history of resisting Musk’s massive pay deals. Officials noted they “appreciate the significant value created under Mr. Musk’s visionary role,” but emphasized that the proposed compensation conflicts with their principles on executive pay—namely that rewards should align with measurable value, dilute minimally, and not grant excessive power to a single individual.

Under the terms of the plan, Musk stands to receive hundreds of billions in Tesla shares if he hits ambitious targets: growing Tesla’s market capitalization to $8.5 trillion, selling a million Optimus robots, and out‑earning tech giants like Meta and Google. Musk’s victory might make him the first person with a $2 trillion net worth, catalyzing not only wealth milestones but shareholder governance alarm bells.

The opposition is growing. Key proxy advisory firms such as Glass Lewis and ISS have recommended voting against the deal, and large pension funds including CalPERS and the New York State Retirement Fund have voiced objections. Not all investors are aligned, however—Florida’s State Board of Administration and ARK Invest remain supportive, and the voting plans of Tesla’s largest shareholders, BlackRock and Vanguard Group, are still undisclosed.

The coming vote—scheduled for November 6—has become a key governance indicator for Tesla and the broader corporate world. Beyond Musk, it will signal how far a corporation is willing to go in paying for ambition and whether investors are starting to draw the line at even seemingly extraordinary success stories.

Cuomo Joins Trump to Warn, Mamdani Could Destroy NYC

Cuomo
Screenshot via Twitter/@DailyWireNews

Former New York Governor and mayoral candidate Andrew Cuomo (D) weighed in strongly after Donald Trump endorsed him in the New York City race, framing their combined opposition to fellow Democrat Zohran Mamdani as a coordinated effort to stop what they call a dangerous socialist takeover of the city. Cuomo explained that while both he and Trump see Mamdani as “an existential threat,” Trump goes even further—labeling Mamdani a “Communist.”

“The President does not support me, the President opposes Zohran Mamdani,” Cuomo declared. “He believes Zohran Mamdani is a Communist, he believes he’s an existential threat. I believe he’s a Socialist, and an existential threat. And not a dress‑up Socialist, right.” Cuomo sought to highlight Mamdani’s links to the Democratic Socialists of America, pointing to their calls for abolishing jails, eliminating private ownership of real estate, and decriminalizing prostitution—“frightening stuff,” he said.

Supporting the narrative, Trump urged New York City voters to back Cuomo over Mamdani, warning that the city “would be a Complete and Total Economic and Social Disaster” under Mamdani’s leadership. Trump emphasized that voting for Republican candidate Curtis Sliwa would effectively be a vote for Mamdani, who plans to bolster the city’s sanctuary‑city policies and expand government‑run grocery stores. Mamdani has also publicly stated he would reduce police involvement in non‑violent calls—an approach that has drawn sharp criticism.

Polling data supports mounting concern among voters. A Quinnipiac University poll of 911 likely NYC voters found Mamdani at 43%, Cuomo at 33%, and Sliwa at 14%. A subsequent AtlasIntel survey of 2,404 voters showed Mamdani with 43.9% support, Cuomo at 39.4%, and Sliwa at 15.5%. In a hypothetical two‑way matchup between Mamdani and Cuomo, Cuomo edged out Mamdani 49.7% to 44.1%.

With Trump and Cuomo aligned in their opposition to Mamdani, the stage is set for a fierce fight over the city’s future—one framed as a clash between socialist change and moderate continuity.

Charlie Would be Proud: How MGT Killed ‘The View’ with Kindness

Rep. Marjorie Taylor Greene (AP Photo/Mike Stewart)

In a media landscape poisoned by gotcha journalism and tribal scream-fests, Rep. Marjorie Taylor Greene stepped onto the set of The View this morning like a breath of fresh air—or more accurately, a polite Georgia thunderstorm. . .

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Marjorie Taylor Greene Explodes on The View

U.S. Rep. Marjorie Taylor Greene (R-GA) (Photo by Drew Angerer/Getty Images)

On Tuesday’s episode of The View, Rep. Marjorie Taylor Greene (R‑GA) challenged the status quo in Congress, voicing frustration at the ongoing power struggles and calling for a shift toward productivity and accountability. “I’m really tired of the pissing contest in Washington, D.C., between the men,” she declared.

Greene shared how her background sets her apart: she comes from a working‑class family and ran a construction company for over two decades. She emphasized that her 2020 campaign was built on criticizing both Republicans and Democrats. “I ran criticizing Republicans and Democrats equally,” Greene said. “I come from a working‑class family. I ran a construction company for over 20 years, and I feel like the government has failed all of us, and it purely disgusts me. It really does.”

Representing a rural, manufacturing‑based district filled with blue‑collar workers, Greene said her constituents have been “crushed by decades of failure in Washington, D.C.” She added, “So I have no problem pointing fingers at everyone. And the worst thing that I just can’t get over is we’re not working right now.” She directed her criticism squarely at the House Speaker, insisting that the primary focus must be getting the work done.

“As women, I feel very comfortable saying this—I’m really tired of the pissing contest in Washington, D.C., between the men. I really am,” she remarked. Greene also noted that she voted to fund the federal government on September 18, emphasizing her support for paying federal employees and keeping programs funded. “I want all federal employees to be paid. I want all the programs to be funded and I think that is our job— Republicans and Democrats together in the House and the Senate.”

Her remarks reflect a growing sentiment among some lawmakers and voters alike: frustration over legislative gridlock and a demand for tangible results over political theater. Greene’s call to shift the focus from infighting to action highlights a deepening divide between rhetoric and responsibility in the nation’s capital.

Google’s AI Accused of Defaming U.S. Senator with Fake Claims

(Photo by Drew Angerer/Getty Images)

Sen. Marsha Blackburn (R‑TN) has leveled serious accusations of defamation against Google, claiming the company’s AI model Gemma invented false sexual misconduct allegations about her. In a stern letter to CEO Sundar Pichai, Blackburn called the incident “a catastrophic failure of oversight and ethical responsibility” and demanded accountability for the tool’s unfounded claims.

According to Blackburn, when posed the question “Has Marsha Blackburn been accused of rape?”, Gemma responded with a fabricated story involving a state trooper allegedly pressure‑by‑prescription‑drugs during her 1987 campaign. None of the events occurred, the campaign year is incorrect, and the links the AI allegedly provided directed to error pages or unrelated articles. Blackburn insists the false output was not a harmless “hallucination” but a full‑blown act of defamation.

The controversy has attracted attention to broader concerns about generative AI’s reliability and bias. Blackburn pointed to previous claims that conservative activist Robby Starbuck was falsely labeled a “child rapist” by the same model. She argued that the pattern suggests an ideological slant and called on Google to explain how its systems produced this content and what safeguards failed.

In response, Google removed Gemma from its public‑facing AI Studio platform, though the company said the model would still be available via API for developers. Google emphasized that Gemma was never intended as a consumer tool for factual Q&A, suggesting the misuse of a model unsupported by full safety checks.

As regulatory pressure on big tech mounts and lawsuits loom, this episode poses a major test for Google and the AI industry—whether they can prevent harmful, false outputs that can damage reputations, mislead the public and erode trust in powerful new technologies.

Everytown Targets Ruger, Pressure Mounts to Kill RXM Pistol

gun law
Gun (Pixabay via Canva Pro)

Gun‑control group Everytown for Gun Safety is demanding that Sturm, Ruger & Co. withdraw its new RXM pistol from the market, citing the recent decision by GLOCK to discontinue more than 30 handgun models as precedent.

GLOCK’s announcement followed California’s signing of legislation—AB 1127—banning the manufacture, sale, and transport of pistols deemed “machine‑gun convertible.” The law targets so‑called “Glock‑style” triggers and the illegal conversion devices known as “Glock switches.” With GLOCK stepping back from certain models, Everytown now zeroes in on Ruger’s RXM, introduced in late 2024 in partnership with Magpul and designed to be modular and compatible with Glock magazines.

In a letter dated November 3, 2025, Everytown accused Ruger of risking its RXM becoming “the new crime gun of choice across the country,” referencing videos and reports of pistols modified with conversion devices. The group warned of “significant litigation risk” if Ruger continues to produce the model. While acknowledging no public case of an RXM modified into a fully automatic has surfaced yet, Everytown claims the design makes that eventuality “almost certain.”

Ruger has not publicly responded to the demand. The letter coincides with broader industry upheaval: Gun‑control advocates are leveraging litigation and legislation to pressure manufacturers into design changes or model withdrawals. Critics argue the move threatens Second Amendment rights, contending handguns in common use cannot be banned or designed out of legality without overruling precedent like District of Columbia v. Heller.

For now, Ruger’s RXM remains on sale. The escalation of legal and regulatory pressure raises new questions for firearms makers: Will they redesign standard models under duress, and could the RXM become the landmark case for next‑generation gun‑control strategies?

New Yorkers: Don’t Trade Freedom for Forgetting

9/11
Photo by Tomas Martinez, Unsplash

On this Election Day 2025, as New York City chooses its next mayor, one date looms larger than any poll or policy paper: September 11, 2001. . .

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Millie Bobby Brown Drops Bombshell Bullying Claim on Co-Star

Image via Canva

Netflix’s hit series Stranger Things faces behind-the-scenes drama as reports emerge that Millie Bobby Brown filed a harassment and bullying complaint against her co-star David Harbour before filming began for the show’s final season. Brown, who plays Eleven, reportedly submitted “pages and pages” of non-sexual allegations detailing troubling on-set interactions with Harbour, who portrays ex-police chief Jim Hopper.

According to sources close to the production, the complaint led to an internal investigation that lasted for months. The outcome of the probe remains undisclosed. In the meantime, Brown is said to have brought a personal representative to the set during the filming of the final season, highlighting the seriousness of her concerns.

The timing of the allegations is notable. Just days before the claims surfaced, Harbour’s ex-wife, British singer and actress Lily Allen, released a new album reportedly targeting Harbour in its lyrics, suggesting infidelity and personal turmoil. Despite the public fallout, sources claim Allen supported Harbour throughout the ordeal.

While the allegations have yet to be officially confirmed or addressed by Netflix, insiders say the streaming giant remains focused on ensuring a successful send-off for one of its flagship series. The fifth and final season of Stranger Things is set to premiere on November 26 in the United States.

One production insider described the final season as a “theatrical event” and emphasized Netflix’s confidence in the show’s impact. “Nothing is going to overshadow this, not even the leading man’s private life,” the source stated.

Although Netflix has not issued any public comments on the internal investigation, sources suggest that their silence may be telling. With millions of fans eagerly awaiting the series conclusion, any backstage controversy threatens to draw attention away from what is expected to be a major cultural moment.