Investor Michael Burry repeats warning on Palantir after calling stock ‘a sand castle’

The Times of India

Investor Michael Burry repeats warning on Palantir after calling stock ‘a sand castle’

이 뉴스, 어떠셨어요?

한 번의 탭으로 반응을 남겨요 · 로그인 불필요

Renowned investor Michael Burry has expressed serious concerns about Palantir Technologies, likening its stock to a "sand castle" amid a significant downturn.

He noted a "new lower low" with declining trading volume, suggesting a prolonged downtrend.

This comes as Palantir, once an AI darling, faces investor skepticism over its valuation.

Meanwhile, Burry has increased his stake in China's Alibaba, seeing it as an undervalued AI leader. ...

전문 보기

Investor Michael Burry repeats warning on Palantir after calling stock ‘a sand castle’

이 뉴스, 어떠셨어요?

관련 뉴스

'world' 카테고리 뉴스

Marcos inspects, hails QC flood control facility

Extremist groups declared persona non grata in Lanao del Norte

Insights | CISCE a timely, forward-looking platform to Australia: Australian diplomat

The Times of India의 다른 기사

After pushing for China chip sales, Nvidia CEO tells shareholders: National security comes first

'Unnecessary move' or 'good initiative'? What Indian chess GMs are saying on FIDE's latest 'experiment'

'America's doors are closed fully to asylum seekers': SC upholds Trump immigration policies