"The Big Short" investors said he believes hyperscalers like Oracle and Meta could "overstate" earnings by more than 20% in the next few years.

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

  • Rey_McSriff [he/him]@hexbear.netEnglish
    32·
    3 days ago

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

    jagoff

    classic grifter shit, “oh I know so much more but you’ll have to wait for me to dripfeed it to you, teehee”

    • hollowmines [he/him]@hexbear.netEnglish
      191·
      3 days ago

      absolutely a grifter move, but anything that makes these freaks sweat and brings the sector’s inevitable crisis point closer is good by me.