$KUAISHOU-W (01024.HK)$ earnings what time out
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$Meta Platforms (META.US)$
Meta be like
Meta be like
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$Futu Holdings Ltd (FUTU.US)$ sibeh good earnings but market sentiment downtrend. good time to load up more if dip further
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$Robinhood (HOOD.US)$ F***ing strong🫡
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$Circle (CRCL.US)$all in your sausage
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Michael Burry Targets Artificial Intelligence Accounting Practices:
This is one of the more common fraudulent practices in modern society.
In 2008, Michael Burry saw through the subprime mortgage crisis.
While everyone was celebrating the real estate market boom, he was shorting it.
On November 10, 2025, he issued another warning.
This time, his target is the tech giants' GPUs.
"They are playing accounting tricks, one of the more common forms of fraud in modern society."
Burry tweeted that by 2028, these companies would overstate their earnings by up to $176 billion.
By 2028,
Oracle's earnings will be overstated by 26.9%,
Meta will overstate its earnings by 20.8%,
but the situation will worsen further.
Burry has announced that more details will be disclosed on November 25.
The next day, November 11.
CoreWeave, an AI computing power leasing company and a favored unit of Nvidia, saw its stock price plunge 16% in a single day.
Oracle's stock price has retreated to the starting point of its rally following the signing of the New York agreement with OpenAI, while the price of credit default swaps (CDS) continues to rise.
This time, will Michael Burry be proven right?
⸻
How is the magic performed?
Burry pointed out that from 2020 to 2025, the five major technology giants successively extended the depreciation periods of their GPUs:
Met...
This is one of the more common fraudulent practices in modern society.
In 2008, Michael Burry saw through the subprime mortgage crisis.
While everyone was celebrating the real estate market boom, he was shorting it.
On November 10, 2025, he issued another warning.
This time, his target is the tech giants' GPUs.
"They are playing accounting tricks, one of the more common forms of fraud in modern society."
Burry tweeted that by 2028, these companies would overstate their earnings by up to $176 billion.
By 2028,
Oracle's earnings will be overstated by 26.9%,
Meta will overstate its earnings by 20.8%,
but the situation will worsen further.
Burry has announced that more details will be disclosed on November 25.
The next day, November 11.
CoreWeave, an AI computing power leasing company and a favored unit of Nvidia, saw its stock price plunge 16% in a single day.
Oracle's stock price has retreated to the starting point of its rally following the signing of the New York agreement with OpenAI, while the price of credit default swaps (CDS) continues to rise.
This time, will Michael Burry be proven right?
⸻
How is the magic performed?
Burry pointed out that from 2020 to 2025, the five major technology giants successively extended the depreciation periods of their GPUs:
Met...
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