Down 40% on AI Pressure, Michael Burry Says Alibaba Needs to Still Fall by Half

Down 40% on AI Pressure, Michael Burry Says Alibaba Needs to Still Fall by Half

The AI spending boom has created an uncomfortable split in technology stocks. Investors are willing to reward companies that can turn massive infrastructure investments into recurring revenue, but they are becoming less forgiving when those investments crush profits and cash flow first.  That tension is especially visible in China, where weaker consumer demand, intense competition, ... Down 40% on AI Pressure, Michael Burry Says Alibaba Needs to…

One of America's biggest investor, 'Big Short' Michael Burry has dumped all his Alibaba stock and is buying its home country rival

Tech News News: America’s biggest investor, Michael Burry has now revealed in a Substack post that he has sold his entire stake in Alibaba and moved the position into.

Michael Burry dumped Alibaba for a rival. Here's why he no longer wants to buy back in.

Alibaba's $10 billion AI fundraising has put its capital-spending spree and shareholder dilution in the spotlight.Zhang Xiangyi/China News Service/VCG/Getty Images"Big Short" investor Michael Burry dumped Alibaba for JD.com and says he no longer plans to switch back.Alibaba's $10 billion AI share sale has Burry worried about dilution and falling returns.Burry still praised Alibaba's AI gains, but said the stock would need to fall by half to temp…

Michael Burry Dumps Alibaba Stock, Moves Entire Position Into JD - Alibaba Gr Hldgs (NYSE:BABA)

Michael Burry said he has no plans to move his JD.com stake back to Alibaba after its $10 billion share sale sank shares nearly 10%.

Burry says he sold Alibaba, calling it pricey before share sale

“I planned to move most of it back after a month or two. No longer,” Burry said in a post on Substack.

Michael Burry dumps Alibaba for JD.com, says BABA would need to fall 50% (BABA:NYSE)

Michael Burry swaps Alibaba (BABA) for a big JD.com (JD) stake over share issuance concerns, saying BABA must drop ~50% to buy.