Investors woke up this morning and decided we’re in an AI bubble after all. Palantir beat expectations and posted upbeat guidance but is down -8% and Nvidia down -4% after Michael Burry disclosed put options with a notional value of about $187 million against Nvidia and $912 million against Palantir.

The market decided if he’s willing to bet $1B+ that we’re in a bubble then he might be onto something.

0

If you have a fediverse account, you can quote this note from your own instance. Search https://mas.to/users/carnage4life/statuses/115494560838072832 on your instance and quote it. (Note that quoting is not supported in Mastodon.)