this post was submitted on 04 Nov 2025
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Palantir Slides on AI Valuation Concerns, Burry Put Options (www.bloomberg.com)
submitted 10 hours ago* (last edited 9 hours ago) by themachinestops@lemmy.dbzer0.com to c/technology@lemmy.world
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[–] themachinestops@lemmy.dbzer0.com 4 points 10 hours ago

Burry's Scion Asset Management has bought put options covering 5 million shares of Palantir (PLTR), a trade valued at about $912 million, and puts for 1 million shares of Nvidia (NVDA), valued at about $187 million, a regulatory filing for the quarter ending Sept. 30 shows.