Investors Question AI Valuations | Bloomberg Tech 11/4/2025

Michael Burry, famously known for his role in 'The Big Short', has made headlines again by disclosing a staggering $1.1 billion bet against tech giants Nvidia and Palantir. This move raises eyebrows in the investment community, as Burry's previous predictions have often been spot on. His bearish stance on these companies could signal potential trouble ahead in the tech sector, prompting investors to reconsider their positions.

In a recent episode of Joe Rogan's podcast, Elon Musk discussed the exciting possibility of flying Teslas, sparking interest and enthusiasm among tech enthusiasts and fans alike. This conversation highlights Musk's ongoing commitment to innovation and the future of transportation, suggesting that the dream of flying cars may not be as far-fetched as it seems. As Tesla continues to push the boundaries of technology, this discussion could inspire further advancements in the automotive industry.

Spotify has reported a significant increase in its monthly active users, reaching 713 million in the third quarter, which is higher than analysts' expectations of 711 million. This growth is particularly noteworthy as the company approaches a leadership transition, highlighting its resilience and appeal in the competitive streaming market. Such positive performance not only boosts investor confidence but also sets a strong foundation for the new CEO.

In a groundbreaking decision, shareholders are set to vote in early November on Elon Musk's extraordinary pay package, which could potentially elevate him to the status of the world's first trillionaire. This vote is significant not only for Musk but also for the future of executive compensation and corporate governance, as it raises questions about the value and impact of such immense wealth in today's economy.

Spotify has reported a strong performance in the third quarter, surpassing analyst expectations with increased profits, revenue, and subscriber numbers. This growth highlights the effectiveness of its expanding app offerings, making it a significant player in the music streaming industry. As more users flock to the platform, it not only solidifies Spotify's market position but also indicates a positive trend for the overall digital music landscape.

Palantir Technologies has reported a remarkable revenue increase, reaching $1.18 billion in the third quarter, marking a 63% growth compared to the previous year. This surge is largely attributed to the booming defense sector, highlighting the company's strong position in a critical industry. Such growth not only reflects Palantir's expanding influence but also underscores the increasing demand for advanced data analytics in national security.

Drake is taking a stand against streaming fraud by suing Spotify, claiming that real listeners don't stream his songs around the clock. This proposed class action could lead to significant changes in how streaming platforms operate, potentially ensuring that artists are compensated fairly for their work. It's a crucial moment for the music industry, as it highlights the ongoing issues of fraud and the need for better protections for artists.

Microsoft has made a significant move by signing a $9.7 billion deal to purchase AI computing power from IREN Ltd., marking a pivotal moment as it becomes the largest customer of the Australian company. This partnership not only strengthens Microsoft's position in the AI landscape but also highlights the growing demand for advanced computing capabilities in the tech industry.

In the latest episode of the Big Take Asia podcast, the discussion focuses on how major Asian economies are managing the increasing tensions between the US and China following the recent APEC summit.

Bloomberg's Caroline Hyde and Ed Ludlow highlight the recent decline in tech shares amid rising concerns about the sustainability of the AI rally. They also analyze earnings reports from companies like Palantir, Uber, Spotify, and Grab. Additionally, the world's largest sovereign wealth fund has voted against Tesla's proposed pay package for CEO Elon Musk.

IBM has announced plans to lay off thousands of employees before the end of the year. The company stated that these cuts, set to occur in the current quarter, will impact a small percentage of its workforce.

Acer has unveiled its latest Chromebook Plus Enterprise models, the 714 and 514, designed specifically for business users. With advanced AI tools, impressive battery life, and durable builds, these devices aim to meet the demands of serious work environments. The question remains whether these features will persuade IT teams to make the upgrade.

HDR10+ Advanced is stepping up to challenge Dolby Vision 2 in the quest to improve motion smoothing. The focus is on giving creators more control to potentially eliminate the soap opera effect that many viewers dislike.

Super Micro has raised its revenue outlook for fiscal 2026 to at least $36 billion, driven by increasing demand for Nvidia-equipped servers, particularly in the AI sector.