Big Tech's Accounting: Hype or Risk?

Prominent investor Michael Burry questions Big Techs profit reporting, suggesting they may extend equipment lifespans to boost earnings. Meta, Microsoft, and Alphabet have made similar adjustments, but Burrys involvement brings renewed attention to potential risks. Despite concerns, tech giants delivered strong third-quarter profits, with earnings projected to rise significantly this year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.