Days after detailing how Elon Musk's deal with Nvidia, supported by a $3.5 billion debt from Apollo, is putting the retirement funds of Americans at risk, The Big Short's Michael Burry came down heavily on Palantir Technologies again in a new late Tuesday Substack post.
Palantir shares fell 5.2% on Tuesday and another 1.7% during premarket hours on Wednesday despite global equity indexes rising amid the AI rally. Burry believes the stock price could fall further in the near term.