Michael Burry expressed concerns about Snowflake's valuation and long-term risks, while remaining bullish on Veeva despite its rally.

The entities involved

• Michael Burry →

  American hedge fund manager

  • Minerva hired Michael Burry as a senior adviser.Mon 17:29
  • Michael Burry analyzes the spending and liabilities of major tech companies including Oracle, Microsoft, Meta, and Google.Mon 15:19
• Snowflake Inc. →

  cloud-based data-warehousing startup

  • Snowflake Inc.'s stock declined following the announcement of a convertible debt offering.Mon 15:34
  • Snowflake Inc. filed required documents with the SEC regarding institutional investment activity on June 18, 2026.Mon 11:32
• Veeva Systems →

  cloud computing company

  • Veea Inc. is listed on the Nasdaq stock exchange, and Geode Capital Management LLC raised its stake in the company, filing with the SEC.Mon 00:19
  • Aclarion and Veeva Systems are being monitored for share price volatility compared to the S&P 500 market index.Sun 14:42

Related events

• Michael Burry used his platform, Substack, to issue warnings regarding the current state of AI valuations.Jul 3
• Michael Burry shared investment analysis on Substack, noting that his views were influenced by Benjamin Graham's value investing principles.Aug 17
• Datadog's market moves are in sympathy with the revenue guidance provided by Snowflake.Sep 3
• Investment figures Michael Burry and Cathie Wood are making moves regarding major tech companies like Tesla, SpaceX, and Nvidia.Aug 25