Investor Michael Burry repeats warning on Palantir after calling stock ‘a sand castle’
Renowned investor Michael Burry has expressed serious concerns about Palantir Technologies, likening its stock to a "sand castle" amid a significant downturn. He noted a "new lower low" with declining trading volume, su
Renowned investor Michael Burry has expressed serious concerns about Palantir Technologies, likening its stock to a "sand castle" amid a significant downturn. He noted a "new lower low" with declining trading volume, suggesting a prolonged downtrend. This comes as Palantir, once an AI darling, faces investor skepticism over its valuation. Meanwhile, Burry has increased his stake in China's Alibaba, seeing it as an undervalued AI leader.
More from India
Belfast weather: Rain threat looms over Vaibhav Sooryavanshi's likely India debut
India's T20I opener against Ireland in Belfast faces potential rain disruptions, though conditions are expected to clear by the evening's scheduled start. All eyes are on 15-year-old Vaibhav Sooryavanshi, who could debut
End of an era: King Charles breaks 180-year tradition, will not live in Buckingham Palace
How An Earthquake 14,000 KM Away May Jolt India's Oil Supply
Power outages, damaged transport links and emergency restrictions at ports in Venezuela can slow cargo movements for days or even weeks.
Man Kills Wife In Delhi After Dispute Over His Extramarital Affair: Cops
A 30-year-old woman was allegedly shot dead by her husband in south Delhi's Sangam Vihar area, with the accused fleeing the spot after the incident, police said on Friday.