{
  "id": 1361025,
  "title": "Michael Burry’s Bearish Bet Against Nebius Stock Sends a Warning Message to AI Bulls",
  "url": "https://urgent.news/2026/08/16/michael-burrys-bearish-bet-against-nebius-stock-sends-a-warning",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-16T15:30:02.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/michael-burry-bearish-bet-against-153002331.html"
  },
  "original_language": "en",
  "account": "Michael Burry, the investor known for his bearish stance on the 2008 housing crash, is once again taking a short position in Nebius Group (NBIS), a leading AI cloud provider. Burry, who previously shorted Nebius in August 2022 at $212 per share, added to his position after the company's Q2 results were released. Despite reporting impressive revenue growth, Burry remains skeptical of the AI buildout and has raised concerns about the accounting methods used by AI infrastructure companies. He argues that the depreciation schedules used by these companies may be overstating current profits, as the hardware fueling the AI trend becomes outdated within two to three years. Burry's skepticism extends beyond Nebius, with him holding shorts against other AI companies such as Nvidia, Palantir, Applied Materials, and Caterpillar.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}