Burry argues that hyperscalers use depreciation periods for their servers and network gear that are too long, which artificially inflates their reported earnings. If depreciation rates accelerate, ...
NEW YORK, NY - NOVEMBER 23: Michael Burry attends "The Big Short" New York screening Ziegfeld Theater on November 23, 2015 in New York City. (Photo by Astrid Stawiarz/Getty Images) Michael Burry’s ...
JPMorgan Chase (JPM) projects the global AI ecosystem needs $650B in annual revenue for a 10% return over five years. JPMorgan argues corporations will shoulder most AI costs through productivity ...
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This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The stated goal: lock in dominance before rivals do. Wall ...
Michael Burry has expressed bearish views on artificial intelligence (AI) stocks. Back in 2008, a then-unknown hedge fund manager named Michael Burry was one of the few investors that predicted the ...
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JPMorgan Says Michael Burry Is Dead Wrong About AI
Michael Burry first grabbed headlines for his bold short against the U.S. housing market in the mid-2000s, predicting its collapse and profiting massively when the subprime mortgage crisis hit in 2008 ...
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