Burry Accuses Tech Giants of Fraudulent Accounting
Update: 2025-11-11
Description
Renowned investor Michael Burry accuses major tech companies, including hyperscalers, of using aggressive accounting methods to inflate profits, particularly in the AI sector. He claims they understate depreciation expenses by extending the useful life of assets, a practice he considers fraudulent. Burry warns of a potential tech bubble, similar to the late 1990s, and promises more details on November 25th.
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