🔴 CAT is trading 4.4% down today after Michael Burry disclosed a short position and cited an AI bubble

CAT is trading at $1,017.99 (-4.41%) after Michael Burry publicly disclosed a short position and described the stock as part of an AI-driven overvaluation bubble.

• Michael Burry’s disclosure has sparked concerns over the stock's valuation relative to the broader AI market trend.
• The decline outpaces the broader market, with the S&P 500 down 0.59% and the Nasdaq down 0.71%.
• The sell-off appears concentrated in equities, as Bitcoin remains relatively stable with a minor -0.27% change since the last close.