"The Big Short" Burry warns: Nasdaq's "parabolic" surge is like the eve of the Internet bubble, and it is about to reverse significantly.

According to the CNBC APP, on Monday local time, investor Michael Burry, famous for the movie "The Big Short", once again warned that the Nasdaq 100 index is heading for a sharp reversal after experiencing a "parabolic" surge, pushing tech stock valuations to unsustainable levels.