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Benzinga
Benzinga
Business
Vishaal Sanjay

Michael Burry Doubles Down On AI Bubble Claims As Short Trade Backfires: Says Oracle, Meta Are Overstating Earnings By 'Understating Depreciation'

Michael Burry Meta Oracle Daniel Newman Ross Gerber Mark Zuckerberg Satya Nadella Palantir X
Menlo,Park,,Usa,,May,5,,2023:,Meta,Corporation,Headquarters,Glass

Famed investor Michael Burry is doubling down on his AI bubble claims, as his short position backfires following the rally in key stocks early this week.

Oracle, Meta Are ‘Overstating’ Earnings

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