Michael Burry of 'Big Short' fame discloses bets against Palantir and Nvidia after bubble warning

Investor Michael Burry disclosed on Monday that his hedge fund, Scion Asset Management, has taken positions against tech heavyweights Nvidia (NVDA) and Palantir (PLTR). Burry, who rose to fame for correctly predicting the US housing market bubble and subsequent stock market crash in 2008, has taken out puts — or trades that benefit from a stock price falling — on two of Big Tech's darlings. Palantir raised its full-year revenue outlook to $4.4 billion and beat estimates for third quarter revenue, but the ...