Michael Burry told his followers on 27 July that 'the market has voted and the results are clear.' His two charts compare AI spending to share prices since June, showing that the heaviest spenders are furthest in the red, with Apple standing apart. For a British worker whose workplace pension is in a global tracker, these firms represent a large portion of the pot.
Burry made his name betting against American subprime mortgages before 2008 and wound down Scion Asset Management in November 2025. He now publishes on Substack. His post came 48 hours before four of those companies reported.
