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Down 40% on AI Pressure, Michael Burry Says Alibaba Needs to Still Fall by Half - 24/7 Wall St.

Published by 24/7 Wall St. By Rich Duprey · 24 August 2026 at 16:41
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Down 40% on AI Pressure, Michael Burry Says Alibaba Needs to Still Fall by Half - 24/7 Wall St.
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What the report says

Alibaba's AI spending spree just sent profits crashing 75% and free cash flow deep into negative territory, and now the company is selling billions in new shares to keep the machine running. Michael Burry already walked away, and he says the stock needs to fa…

Read the full report at 24/7 Wall St. →

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