Palantir Stock Declines Over 6% In Tuesday Pre-Market: What's Going On? - NVIDIA (NASDAQ:NVDA), ARK Innovation ETF (BATS:ARKK)

Shares in Palantir Technologies Inc. (NASDAQ:PLTR) declined 6.56% in pre-market trading on Tuesday. The software giant posted upbeat third-quarter results on Monday, but saw bearish bets from large investors. Michael Burry Turns BearishBillionaire Michael Burry has warned that the ongoing AI surge could echo the dot-com bubble of 2000. His firm, Scion Asset Management, disclosed more than $1 billion in bearish put options against AI-focused stocks, including Nvidia Corp. (NASDAQ:NVDA) and Palantir, with fiv ...