Monday, 24 August, 2026
The Big Short Shift: Michael Burry Dumps Alibaba for Rival JD.com
By TechShots Studio
Famed investor Michael Burry has completely exited his Alibaba position, transferring his capital into Chinese e-commerce rival JD.com. Burry expressed frustration over Alibaba issuing 710 million discounted new shares to raise $10.2 billion for AI expansion, criticizing the dilutive share issuance. Stating Alibaba’s stock would need to fall by half to reconsider, Burry also revealed active short positions against Oracle and Micron Technology.
Read full story at TIMES OF INDIA