Palantir Technologies Inc. (NASDAQ: PLTR) may be proof that there’s no such thing as bad publicity. The stock sold off sharply on April 9. The reason of the day was that Michael Burry, who had taken out millions in put options on PLTR earlier this year, was back at it. This time, Burry alleged that Anthropic is “eating Palantir’s lunch.”
Here’s the background. Anthropic posted an impressive jump in annual recurring revenue (ARR) from $9 billion to $30 billion in a matter of months.
