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.

