Michael Burry buys puts on Nvidia, Palantir By Investing.com
Update: 2025-11-04
Description
Michael Burry, known for predicting the 2008 housing crash, is back in the spotlight. His firm, Scion Asset Management, has placed significant bets that Nvidia and Palantir's stock prices will drop, as indicated by their purchase of put options. However, Burry is also hedging against potential growth in the energy and health sectors by buying call options on Halliburton and Pfizer. His recent actions have sparked debate among investors, as he has a history of sounding the alarm before market downturns.
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