Burry Shifts Strategy Amid Palantir Surge

Durham News Today | 2 Min News | The Daily News Now! · Jun 28, 2026 · 2m

Michael Burry, the famed 2008 crash predictor, is recalibrating his bets—halving his Palantir short while boosting stakes in JD.com and Adobe, and exiting Alibaba entirely. His recent moves follow a fiery public spat with Palantir CEO Alex Karp, who called his billion-dollar put options “bats--- crazy.” Yet Palantir’s fundamentals are soaring: 85% YoY revenue growth, triple-digit U.S. expansion, soaring margins, and a Rule of 40 score of 145%. The company also raised its full-year forecast, and analysts are bullish. Burry still holds some exposure and hasn’t fully ruled out a short-term…