nvidia, palantir and amd Updates

Investor Michael Burry, widely recognized for his prediction of the 2008 housing market crash, has made significant bearish bets against leading AI companies Nvidia and Palantir Technologies. His firm, Scion Asset Management, placed over $1 billion in put options against these companies, including $912 million on Palantir shares and $187 million on Nvidia shares by September 30. Burry's actions signal his belief that an AI market bubble is forming, making these stocks overvalued. Despite his warnings, Palantir CEO Alex Karp publicly dismissed Burry's bet as "batshit crazy" on CNBC. Following the news, Nvidia shares dipped 2.2% and Palantir shares fell 6.7% to 9.7%, though both companies still boast impressive year-to-date gains, with Nvidia up over 50% and Palantir up over 150%. A Bank of America survey indicates that 54% of investors also believe AI stocks are in a bubble, contributing to broader market unease where other AI leaders like Oracle, AMD, and Amazon also experienced declines, and the Dow Jones Industrial Average dropped 450 points. Goldman Sachs and Morgan Stanley CEOs have also issued warnings about potential market corrections. In other major AI developments, Jeff Bezos saw his net worth increase by nearly $10 billion after Amazon's stock rose over 4%, following news that Amazon Web Services secured a substantial $38 billion cloud computing deal with OpenAI. Meta also announced increased spending on its AI initiatives. The AI boom continues to drive growth and innovation across various sectors. Super Micro Computer, a crucial supplier of AI servers and GPU-powered systems, is set to report its first-quarter earnings for fiscal year 2026, with analysts expecting strong results, including earnings per share of $5.26 and revenue of $3.76 billion. Qualcomm is also entering the AI hardware space, introducing new AI data center chips to compete with Nvidia and AMD. Companies like Rubrik and Palo Alto Networks are advancing AI-driven security solutions, with Rubrik launching its Agent Cloud offering and Palo Alto Networks releasing Cortex Cloud 2.0 and Prisma AIRS 2.0. In the financial technology sector, New York startup Donut Labs raised $22 million to develop an AI-powered crypto trading browser. RingCentral is integrating AI into its platforms, contributing to a 5% year-over-year revenue growth to $638.65 million in its third quarter. Anywhere Real Estate is leveraging AI to streamline operations, with a new AI tool cutting listing agreement entry time from 15 minutes to just 60 seconds, alongside a 6% revenue increase to $1.6 billion.

Key Takeaways

• Michael Burry placed over $1 billion in put options against Nvidia and Palantir, signaling concerns about an AI market bubble.
• Palantir CEO Alex Karp called Burry's bet "batshit crazy," despite Palantir reporting a 63% revenue climb in Q3.
• Nvidia's stock was up over 50% year-to-date, and Palantir's over 150% year-to-date, despite recent dips following Burry's news.
• Amazon Web Services secured a $38 billion cloud computing deal with OpenAI, leading to a nearly $10 billion increase in Jeff Bezos' net worth.
• Meta announced increased spending on its AI initiatives.
• Super Micro Computer, a key AI server supplier, is expected to report Q1 FY26 earnings with projected EPS of $5.26 and revenue of $3.76 billion.
• Qualcomm introduced new AI data center chips, aiming to compete with Nvidia and AMD.
• Rubrik launched its Agent Cloud offering, and Palo Alto Networks released Cortex Cloud 2.0 and Prisma AIRS 2.0, enhancing AI-driven security.
• Donut Labs raised $22 million in funding to develop an AI-powered crypto trading browser.
• Anywhere Real Estate implemented a new AI tool that reduces listing agreement entry time from 15 minutes to 60 seconds, contributing to a 6% revenue increase to $1.6 billion.

Michael Burry bets against Nvidia and Palantir stocks

Michael Burry, known for predicting the 2008 housing crash, has placed large bets against Nvidia and Palantir Technologies. His firm, Scion Asset Management, bought put options on both companies worth $17.9 million for Nvidia and $18.1 million for Palantir by March 31. This move follows Burry's warnings about a potential market bubble in technology stocks. Nvidia's stock surged due to the AI boom, and Palantir benefited from demand for its data analytics services.

Michael Burry bets against Nvidia and Palantir AI stocks

Michael Burry, famous for predicting the 2008 housing crash, has made significant bets against Nvidia and Palantir Technologies. His firm, Scion Asset Management, bought put options on both companies by the end of the first quarter, as shown in SEC filings. Burry believes an AI bubble is forming, making these companies overvalued. Nvidia's stock has surged due to AI chip demand, and Palantir has seen growth from its data analytics software.

Michael Burry bets over $1 billion against AI stocks

Michael Burry, the investor known from The Big Short, has placed over $1 billion in put options against Nvidia and Palantir. His firm, Scion Asset Management, made these bearish bets after Burry warned about a potential AI market bubble. Palantir CEO Alex Karp called Burry's move "batshit crazy" on CNBC. Despite recent drops, Nvidia's stock is up 46% and Palantir's is up 157% year to date.

Michael Burry bets against Palantir and Nvidia stocks

Michael Burry, known for predicting the 2008 housing market crash, has revealed large bets against Palantir Technologies and Nvidia. His firm, Scion Asset Management, bought put options on 1.5 million Nvidia shares worth $182 million and 300,000 Palantir shares worth $11 million by the end of the first quarter. These moves come as both companies have seen significant stock growth due to the AI boom. Burry's strategy often involves betting against what he sees as overvalued sectors.

Nvidia and Palantir stocks fall amid AI bubble fears

Shares of AI companies Nvidia and Palantir are falling today due to growing fears of an AI market bubble. Investor Michael Burry, famous for The Big Short, recently placed put options against both companies. Palantir CEO Alex Karp called Burry's bet "batshit crazy" despite Palantir reporting a 63% revenue climb in Q3. A Bank of America survey found 54% of investors believe AI stocks are in a bubble. Despite today's drops, Nvidia is up over 50% and Palantir over 150% year to date.

Michael Burry bets over $1 billion against AI stocks

Michael Burry, known from The Big Short for predicting the 2008 financial crisis, has placed over $1 billion in put options against Nvidia and Palantir. His firm, Scion Asset Management, made these bets by September 30, signaling concerns about an AI market bubble. Palantir CEO Alex Karp dismissed Burry's actions as "batsh*t crazy" on CNBC. Following the news, Nvidia shares dipped 2.2% and Palantir shares fell 6.7%.

Michael Burry bets $1.1 billion against AI giants

Michael Burry, famous for predicting the 2008 housing market crash, is now betting $1.1 billion against major AI companies. His firm, Scion Asset Management, bought put contracts for $912 million of Palantir shares and $187 million of Nvidia shares. This move suggests Burry believes an AI bubble is due to pop, similar to his past predictions. Palantir CEO Alex Karp called Burry's bet "bats--- crazy" on CNBC.

Rubrik stock gains after new AI security products

Rubrik is gaining attention after expanding its partnership with Cognizant and launching its new Agent Cloud offering for enterprise AI agents. The company's stock has returned 14.2% year to date and 82.6% over the past year. Analysts believe Rubrik is undervalued, estimating its fair value at $115.20. However, its price-to-sales ratio of 13.8 times sales is higher than peers and the broader software industry.

Palo Alto Networks launches new AI security products

Palo Alto Networks has released new products, Cortex Cloud 2.0 and Prisma AIRS 2.0, which aim to set new standards for AI-driven security. The company's stock has seen strong momentum, with a 29.7% return over the last 90 days and 21.4% over the past year. Analysts generally consider the stock fairly valued at $217.67. However, the SWS DCF model suggests it might be undervalued, with a fair value of $235.37.

Supermicro to report earnings amid AI boom

Super Micro Computer, also known as Supermicro, will report its first-quarter earnings for fiscal year 2026 on Tuesday. Analysts expect strong results, with earnings per share of $5.26 and revenue of $3.76 billion, driven by high demand for AI servers. Investors will watch for updates on AI server demand, competition, gross margins, and future guidance. Supermicro plays a key role in the AI hardware supply chain, providing high-performance servers.

Supermicro stock outlook changes with AI hardware partnerships

Super Micro Computer's stock has seen recent volatility, dropping 1.6% last week and 2.3% last month, but remains up 68.9% year to date and 95% over the past year. The company is a key supplier of AI servers and GPU-powered systems, partnering with major AI players like NVIDIA. Investors are closely watching how new AI hardware partnerships, competition, and supply chain dynamics will affect Supermicro's market position and financial performance in 2025.

Donut Labs raises $22 million for AI crypto browser

New York startup Donut Labs has raised $22 million in funding to develop what it calls the first AI-powered crypto trading browser. Founder Chris Zhu aims to create a more intuitive interface for crypto trading, using AI to automate complex tasks. The funding round was led by Bitkraft Ventures and other major investors. Donut's browser will understand trading context, synthesize data, and perform actions across exchanges with layered security and partnerships with firms like Turnkey.

RingCentral boosts revenue and cash flow with AI

RingCentral's third-quarter revenue grew 5% year over year to $638.65 million, beating forecasts, mainly from subscription revenue. The company is integrating AI into its platforms to attract business customers and improve efficiency. RingCentral's focus on AI innovation and cost control is crucial in the competitive digital communications market. The company's shares are valued at 6 times next year's earnings.

Jeff Bezos gains $10 billion after Amazon OpenAI deal

Jeff Bezos' net worth increased by nearly $10 billion in one day after Amazon's stock rose over 4%. This surge followed news that Amazon Web Services secured a $38 billion cloud computing deal with OpenAI. Bezos, who owns 8% of Amazon, saw his wealth grow by $9.8 billion on Monday afternoon. This adds to a previous $19.4 billion jump after Amazon reported strong revenues and earnings, largely credited to Amazon Web Services.

Wall Street warns of high valuations as Palantir falls

Wall Street is raising concerns about high valuations in the tech sector as Palantir stock dropped up to 9% after its Q3 earnings. Other AI leaders like Nvidia, Oracle, and AMD also fell, and the Nasdaq 100 declined. Goldman Sachs and Morgan Stanley CEOs warned of potential market corrections. Investor Michael Burry recently bet against AI stocks, and Meta and Microsoft announced increased AI spending.

Anywhere Real Estate grows with AI and Compass merger

Anywhere Real Estate reported a 6% increase in revenue, reaching $1.6 billion, driven by higher luxury sales and strong agent retention. The company is focusing on growth and AI innovation, including a new AI tool that cuts listing agreement entry time from 15 minutes to 60 seconds. Anywhere is also preparing for its all-stock merger with Compass, expected to close in the second half of 2026. CFO Charlotte Simonelli noted $67 million in cost savings, aiming for $100 million by 2025.

Dow falls as bank CEOs warn of market correction

US stocks fell on Tuesday, with the Dow Jones Industrial Average dropping 450 points, after Goldman Sachs and Morgan Stanley CEOs warned of potential market corrections. Palantir's stock plunged 9.7% despite an upbeat earnings forecast, as analysts questioned its high valuation. Other AI stocks like Oracle, AMD, Nvidia, and Amazon also experienced declines. Concerns about a government shutdown and warnings from financial leaders like Jerome Powell also contributed to market unease.

Qualcomm earnings expected amid AI valuation concerns

Qualcomm is set to report its earnings on Wednesday, as Wall Street watches for its performance amid concerns about AI stock valuations. The company recently introduced new AI data center chips, aiming to compete with Nvidia and AMD. Maribel Lopez, founder of Lopez Research, outlined the investment case for Qualcomm ahead of the earnings report.

Sources

• Burry Discloses Puts on Nvidia and Palantir After Bubble Warning
• Michael Burry Warns of AI Bubble -- Targets Nvidia and Palantir With Massive Puts
• ‘Big Short’ investor Michael Burry follows up cryptic AI bubble warning warning with bearish stock activity on Nvidia and Palantir
• Michael Burry of 'Big Short' fame discloses bets against Palantir and Nvidia
• Hot AI stocks Nvidia and Palantir are falling today. Here's why
• 2008 financial crisis prophet bets against the AI bubble with potential $1 billion payout — Michael Burry reveals put options on Nvidia and Palantir
• Michael Burry bets big against AI giants, predicting a crash like 2008 housing market
• A Look at Rubrik's Valuation Following New Partnerships and AI Security Launches
• A Look at Palo Alto Networks (PANW) Valuation Following Major AI Security Product Launches
• Supermicro set to report earnings as Wall Street eyes impact of AI megadeals, rising competition
• Does Recent AI Hardware Partnership Change the Outlook for Super Micro Computer Stock in 2025?
• AI Browsers Are Headed to Crypto—Donut Labs Just Raised $22 Million to Build It First
• RingCentral Grows Revenue And Cash Flow With AI Push
• Jeff Bezos Becomes $10 Billion Richer As Amazon’s OpenAI Deal Boosts Stock
• Wall Street is suddenly sounding the alarm on sky-high valuations as Palantir tumbles
• Anywhere focuses on growth, AI as Compass merger looms
• Dow falls 450 points as Goldman Sachs, Morgan Stanley CEOs share...
• Qualcomm presents 'opportunity' amid AI trade valuation worries