The Big Short investor Burry cancels stake in Sion Capital, warning of risks facing several technology giants.

Famous Wall Street "Big Short" investor Michael Burry has terminated Scion Asset Management's registration with the U.S. Securities and Exchange Commission and criticized tech giants for using AI-driven capital expenditure accounting methods, while warning of risks in companies such as Nvidia, Palantir, Microsoft, Google's parent company Alphabet, Oracle, and Meta.