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

Markets CNBC By CNBC 30 Jun 2026 22:03 1 min read
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."

"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."

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