Down 40% on AI Pressure, Michael Burry Says Alibaba Needs to Still Fall by Half — Live Feedhttps://www.live-feeds.com/feed/down-40-on-ai-pressure-michael-burry-says-alibaba-needs-to-still-fall-by-halfContinuously updated, source-cited coverage. Alibaba Shares Plunge Following $10.2 Billion AI Funding Movehttps://www.live-feeds.com/feed/down-40-on-ai-pressure-michael-burry-says-alibaba-needs-to-still-fall-by-halfhttps://www.live-feeds.com/feed/down-40-on-ai-pressure-michael-burry-says-alibaba-needs-to-still-fall-by-half#u49278Wed, 26 Aug 2026 13:10:43 +0000Alibaba stock prices have dropped after the company announced a $10.2 billion share placement to fund its artificial intelligence initiatives. The company recently launched the Wan3.0 AI video model using proceeds from a $10 billion share sale and reduced its share buyback program by 80% to prioritize AI spending. Michael Burry claims the stock has already fallen 40% due to AI pressure but suggests it must drop by another half.Why it mattersAlibaba is shifting its financial strategy to compete in the AI sector through aggressive capital raises and reduced shareholder returns. This pivot comes