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CNBC Finance · Jun 30, 2026 8:41 PM EDT Not market news

Michael Burry says he's shorting Caterpillar for the first time after it nearly doubled in the AI-driven rally of 2026

"Caterpillar jumped out at me," Burry said. "I have never shorted Caterpillar. It has always done great for me on the long side in the past."

Michael Burry says he's shorting Caterpillar for the first time after it nearly doubled in the AI-driven rally of 2026
Image CNBC Finance

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