Burry Reveals Nvidia and Palantir Puts After Bubble Warning
Update: 2025-11-04
Description
Michael Burry, the investor known for predicting the 2008 housing market crash, is making headlines again. His firm, Scion Asset Management, has taken out put options against Nvidia and Palantir, betting on a stock price drop. Meanwhile, they've bought call options on Pfizer and Halliburton, expecting stock price increases. Despite Palantir's revenue outlook raise, its stock fell over 10%, and Nvidia's shares slipped nearly 3%. Burry's past comments and actions have raised concerns about a potential bubble in the AI market, sparking debate on the future of the AI-driven rally.
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