Michael Burry the latest rally in US equities may be approaching a critical turning point, warning that current market conditions could eventually produce a selloff comparable to the 1987 crash. His cautious outlook contrasts sharply with Wall Street’s continued advance, as the S&P 500 returned to record territory on Tuesday. He confirmed that he remains short , , and several other companies exposed to the artificial intelligence investment boom. Despite the positive market backdrop, Burry argued that demand for AI infrastructure remains heavily dependent on continued access to capital and strong cash flows. Burry said he is prepared to limit his losses if the market continues moving against his positions.