Big Short Michael Burry warns: Meta and Oracle may be hiding billions and fudging earnings by over 20%
Michael Burry financial fraud warning: Michael Burry, the investor best known for predicting the 2008 housing market crash, has issued a stark warning, this time aimed at Big Tech’s accounting practices, as per a report.
Michael Burry warns Big Tech may be overstating profits by billions
The “Big Short” investor cautioned that major technology and AI companies may be overstating profits by billions of dollars that understate depreciation.
In a post on social media X, Burry claimed that tech giants could collectively understate depreciation by as much as $176 billion between 2026 and 2028, artificially inflating their earnings and potentially misleading investors.
