The Latest Breaking News from Michael Burry

Famed “Big Short,” investor Michael Burry, known for his prescient bet against the housing market, has publicly questioned Nvidia Corp.‘s (NASDAQ:NVDA) capital allocation strategy, asserting that the tech giant’s $112.5 billion spent on stock buybacks since 2018 has effectively yielded “zero” additional shareholder value.

Investor Michael Burry pushed back against critics who challenged his take on chip depreciation at hyperscalers like Meta Platforms Inc. (NASDAQ:META) and Oracle Corp. (NYSE:ORCL), while doubling down with fresh claims that top AI firms are inflating earnings through accounting maneuvers.

Palantir Technologies Inc. (NASDAQ:PLTR) shares are trading lower Tuesday, extending losses from recent sessions.

(Editor’s note: The future prices of benchmark tracking ETFs, earnings, and the headline were updated in the story.)

Michael Burry deregistered Scion Asset Management, citing market misalignments and an AI bubble warning, using pop culture references to highlight risks ahead.

Michael Burry, the investor who famously predicted the 2008 financial crisis, has reaffirmed his major bullish and bearish positions just days after officially deregistering his hedge fund, Scion Asset Management.

A mysterious announcement from Michael Burry set for Nov. 25 has Nvidia investors on high alert following his bearish bets against the AI leader.

Nvidia is set to release its Q3 earnings this week. NVDA stock could be in a post-earnings pop given the reasonable valuations and expectations of upbeat commentary from the management.

Investor Steve Eisman pushed back against Michael Burry's warning about how major technology companies are accounting for their AI infrastructure spending, saying that he does not believe the issue is as consequential as the famed hedge fund manager suggests.