Palantir shares tumble over 35% despite record revenue growth
Palantir Technologies reported its fastest revenue growth in years, driven by expanding government and commercial AI data contracts. The company’s earnings beat expectations, and new deals suggest a strong long‑term moat in defense and analytics. Nevertheless, the stock has fallen over 35% from its 2023 peak, prompting skeptics like Michael Burry to label it a “sand castle.” Analysts cite an elevated price‑to‑sales multiple, slower-than‑expected profit margins and concerns that the AI hype may be overstated, leading to a broad sell‑off across seven consecutive sessions.
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One of world's most-popular investor Michael Burry, who described Palantir stock as 'a sand castle', repeats his warning on America's biggest defence technology compa…
Michael Burry, the famous “Big Short” investor, has once again sounded alarms over Palantir Technologies, describing the ...
When a stock by close to 40%, investors usually assume something has gone wrong with the company. Perhaps sales are slowing. Maybe customers are leaving. Or perhaps the company's competitive advantage ...
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