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

Finance

Traders believe inflation could near 5% this year

May 12, 2026

Key Points Traders on Kalshi think inflation will likely rise above 4.5% in 2026. A smaller number believe price increases will breach 5%. Those levels are higher than economists’ forecasts, which see inflation peaking at an average of 3.8% in the second quarter. Source

Finance

Greenlight’s David Einhorn pitches five turnaround stocks at Sohn, from AI to infrastructure

May 12, 2026

Source

Finance

Stocks making the biggest moves midday: Wendy’s, Vestis, Cleanspark, Under Armour & more

May 12, 2026

Check out the companies making the biggest moves midday: Vestis – The uniform and apparel maker surged more than 30% after its fiscal second-quarter results beat expectations. Vestis also raised its fiscal 2026 EBITDA outlook. Zebra Technologies – The automation stock popped 17% on better-than-expected Q1 results. Zebra earned $4.75 per share, excluding certain items, […]