Burry’s Bearish Bet on Palantir | Durham News

Michael Burry, the 2008 housing crash predictor, is doubling down on his bearish bet against Palantir after calling its stock a “sand castle” — now he’s buying puts betting it’ll collapse to under $1. His core argument? Accounting red flags: massive unreported stock compensation gaps and tripling infrastructure obligations hiding future cash drains. Despite Palantir’s stellar Q2 earnings — revenue nearly doubled, GAAP net income and free cash flow soaring, CEO calling it “otherworldly” — Burry sees the numbers as misleading and overvalued. The clash between explosive growth and buried financial risks sets up a high-stakes showdown: will the market believe the hype or Burry’s forensic accounting skepticism? Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/38f69249f5341d5d