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Michael Burry is sounding an alarm on AI stocks that's similar to what Jim Chanos said (www.businessinsider.com)

submitted 7 months ago by cm0002@digipres.cafe to c/usa@midwest.social

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Main Article:

Michael Burry is sounding an awful lot like the investor [Jim Chanos] who shorted Enron.

He estimated that Meta, Google, Oracle, Microsoft, and Amazon — five hyperscalers and some of the biggest names in the AI trade — would "understate depreciation" by around $176 billion between 2026 and 2028.

"But it gets worse. More detail coming November 25th," he added.

Additional Articles:

[CNBC] - ‘Big Short’ investor Michael Burry accuses AI hyperscalers of artificially boosting earnings

[AOL] - Michael Burry's Latest Warning Could Be Bad News for CoreWeave

[BI, 8/26/25] - The guy who shorted Enron has a warning about the AI boom

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[–] j4k3@lemmy.world 4 points 7 months ago

After hearing about his gamble, hearing any more without results is irrelevant poisoning the pot.