Michael Burry’s Bearish Bets Shake Nvidia and Palantir

Today, notable investor Michael Burry, famed for predicting the 2008 financial crisis, has captured headlines by revealing bearish bets on Nvidia (NVDA) and Palantir (PLTR) stocks. Burry’s decision to buy put options suggests skepticism about these companies’ high valuations. Nvidia, currently priced at $202.79, and Palantir, at $193.16, have recently experienced significant volatility. Investors are keenly watching how Burry’s actions might influence these stocks.