A new regulatory filing shows that billionaire investor Michael Burry's hedge fund Scion Asset Management purchased five million put options on Palantir Technologies, Inc. (NASDAQ:PLTR) and one million put options on NVIDIA Corp.

Dan Ives slams Michael Burry's Palantir (PLTR) short, calling him "dead wrong" and just "yelling fire in a crowded theater" over valuation.

Palantir Technologies Inc (NASDAQ: PLTR) remains in focus this morning after its top executive, Alex Karp, called famed investor Michael Burry “bats—crazy.” Burry is widely known for correctly calling the US housing market crash in 2008,

As of the third quarter of 2025, Michael Burry (Trades, Portfolio)'s portfolio included eight stocks. The top holdings were 1.73% in Molina Healthcare Inc (NYSE:MOH), 1.29% in Lululemon Athletica Inc (NASDAQ:LULU),

Michael Burry calls the AI boom a repeat of the 2000 dot-com bust, revealing $1B in bearish bets against Nvidia and Palantir.