Burry’s Depreciation Gripe Shines Spotlight on Big Tech Profits
Big Tech’s ability to churn out ever-increasing profits has underpinned investors’ ongoing enthusiasm for the stocks regardless of their soaring valuations. But what if those numbers are overstated?
By Jeran Wittenstein · Bloomberg Markets
Big Tech’s ability to churn out ever-increasing profits has underpinned investors’ ongoing enthusiasm for the stocks regardless of their soaring valuations. But what if those numbers are overstated?