Michael Burry says he’s still betting against Palantir after Trump post boosts stock

Michael Burry says he’s still betting against Palantir after Trump post boosts stock


Key Points
  • “Big Short” investor Michael Burry is sticking with his bearish bet against defense tech company Palantir Technologies.
  • Burry said in a Substack post that he’s still holding long-dated put options on Palantir. He said he’s been betting against the company since the fall of 2025.
  • The investor’s comments come as President Donald Trump touted the stock in a Truth Social post, lauding the company’s “great warfighting capabilities and equipment.”



Source

Stocks making the biggest moves premarket: Lumentum, ServiceNow, Sandisk & more
Finance

Stocks making the biggest moves premarket: Lumentum, ServiceNow, Sandisk & more

Check out the companies making the biggest moves premarket: Lumentum Holdings , Coherent — Lumentum shares jumped 5% after its CEO told Bloomberg that the optical and photonic producer’s products are booked through 2027, amid the artificial intelligence buildout. Shares of Coherent, another photonics company, were up 4%. Both companies have investments from Nvidia . […]

Read More
BlackRock rips page from hedge fund playbook, applies it to exchange-traded funds
Finance

BlackRock rips page from hedge fund playbook, applies it to exchange-traded funds

ETF Edge BlackRock rips page from hedge fund playbook, applies it to exchange-traded funds Published Fri, Apr 10 20267:00 AM EDT Blair Bao Stephanie Landsman@stephlandsman WATCH LIVE Source

Read More
Stocks making the biggest moves premarket: Delta Air Lines, Levi Strauss, Exxon Mobil & more
Finance

Stocks making the biggest moves premarket: Delta Air Lines, Levi Strauss, Exxon Mobil & more

Check out the companies making the biggest moves premarket: Delta Air Lines — Shares traded 12% higher, boosted by the steep declines in oil prices after the U.S. agreed to a ceasefire. The airline also posted better-than-expected results for the first quarter, though it issued second-quarter guidance that was below analyst estimates. Levi Strauss — […]

Read More