AMZN, META, GOOGL, MSFT, ORCL: Michael Burry Sounds Fresh Alarm On Big Tech’s AI Spending, Warns Of Massive Write-Offs In Two Years
Michael Burry is again sounding the alarm over the record investment by Big Tech and cloud companies, arguing that hyperscalers are building up enormous financial commitments that could eventually result in massive write-offs.In a new blog post published on Thursday, “The Big Short” investor compar…