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US Business · ibtimes.co.uk · Wednesday, 3 June 2026

Michael Burry warns Palantir is a sand‑castle built on AI hype

In a Substack post, Michael Burry called Palantir a ‘sand castle’ propped up solely by AI hype and flagged a head‑and‑shoulders chart pattern that could trigger a sell‑off. He warned the stock may slide further as investors reassess its AI‑driven valuation.

Read the source: ibtimes.co.uk ↗In the 3 June issue →