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Michael Burry just shorted Caterpillar’s 172% AI rally. One analyst says his bet won’t even matter

  • Posted on July 2, 2026
  • By Fortune
  • 0 Views
  • 1 min read
Michael Burry just shorted Caterpillar’s 172% AI rally. One analyst says his bet won’t even matter
Michael Burry just shorted Caterpillar’s 172% AI rally. One analyst says his bet won’t even matter

The Big Short investor calls Caterpillar one of the market's most overvalued AI trades—but an analyst argues the rally reflects a real structural shift in data-center power demand, not hype.
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Author
Fortune

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