Burry Reveals NVIDIA and Palantir Puts
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Meanwhile, Veteran analyst Stephen Guilfoyle credits Palantir’s growth to strong fundamentals, noting, “Sales are running wild as are margins. The commercial business is exploding. Cash flows are not just robust; they are enormous. The balance sheet is simply the greatest balance sheet I can remember seeing. The CEO is focused and aggressive.”
Palantir CEO Alex Karp said short-sellers were betting against "one of the best businesses in the world."
Palantir Technologies Inc. tumbled on concerns about the company’s lofty valuation and the sustainability of the AI rally, even after it topped analyst estimates for third-quarter sales and raised its annual revenue outlook.
Filings confirm Michael Burry is betting against Palantir stock. CEO Alex Karp says it's like betting against AI and that's 'bats---crazy'.
Famed investor Michael Burry’s Scion Asset Management disclosed new bullish positions in Pfizer ( PFE ), Halliburton ( HAL ), Molina Healthcare ( MOH ), and Lululemon Athletica ( LULU) in its latest quarterly regulatory filing.
Michael Burry calls the AI boom a repeat of the 2000 dot-com bust, revealing $1B in bearish bets against Nvidia and Palantir.