Investor Michael Burry recently raised concerns that Big Tech’s changes to depreciation schedules could overstate earnings through 2028, estimating $176 billion of understated depreciation across hyperscalers in 2026–2028. He cited Meta Platforms and Oracle as the most affected at 20.8% and 26.9% by 2028. Burry added companies are extending the “useful life” of servers and … Continue reading Michael Burry Flags Big Tech’s Depreciation Tweaks Could Overstate Earnings