The head of Palantir just went off on short-sellers targeting his company, calling them completely out of their minds. He specifically called out Michael Burry and others betting against AI stocks.
Burry, famous for predicting the 2008 housing crash, has been vocal about his bearish stance on certain tech names lately. But Palantir's boss isn't having it—he fired back pretty bluntly, dismissing the short thesis as nonsense.
$PLTR has been on a wild run, and the CEO clearly thinks anyone betting against the AI wave is missing the bigger picture. The clash highlights how divided opinions are when it comes to AI valuations right now. Some see unstoppable growth, others see a bubble ready to pop.
Who's right? Time will tell. But the rhetoric is heating up fast.
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0xSleepDeprived
· 11-07 03:50
I think shorting AI is just a stupid move.
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AirdropChaser
· 11-05 19:59
Even Buffett admits missing out on the compute power revolution, and Barry is still bearish. Tsk tsk.
The head of Palantir just went off on short-sellers targeting his company, calling them completely out of their minds. He specifically called out Michael Burry and others betting against AI stocks.
Burry, famous for predicting the 2008 housing crash, has been vocal about his bearish stance on certain tech names lately. But Palantir's boss isn't having it—he fired back pretty bluntly, dismissing the short thesis as nonsense.
$PLTR has been on a wild run, and the CEO clearly thinks anyone betting against the AI wave is missing the bigger picture. The clash highlights how divided opinions are when it comes to AI valuations right now. Some see unstoppable growth, others see a bubble ready to pop.
Who's right? Time will tell. But the rhetoric is heating up fast.