Core Insights - Michael Burry has returned to social media, expressing a bearish outlook on hyperscalers and AI stocks, and has had a tumultuous experience with his bets on Nvidia [1] - Burry has deregistered his hedge fund, appointed a successor, and launched a new newsletter called "Cassandra Unchained" [1][2] - The newsletter aims to provide clearer communication and insights, free from the regulatory constraints that previously limited Burry's ability to share his analyses [3][4] Company Developments - Burry's new Substack subscription costs $400, and it is designed to offer subscribers direct insights from him, referencing the mythological oracle Cassandra [2] - The newsletter is positioned as a platform for Burry to share his market analyses without the misinterpretations that have occurred in the past due to SEC filing constraints [3][4] Market Implications - Burry's return and his new communication platform may influence market perceptions, especially regarding AI and hyperscaler stocks, as he is known for his analytical prowess [1][4] - The excitement surrounding Burry's insights could lead to increased interest and volatility in the stocks he discusses, particularly given his historical reputation for accurate predictions [4][6]