In a fiery CNBC “Squawk Box” interview Tuesday morning, Palantir Technologies (PLTR) CEO Alex Karp unleashed a blistering attack on legendary “Big Short” investor Michael Burry, branding him “batshit crazy” for massive bearish bets against Palantir and Nvidia (NVDA).
The clash erupted hours after a 13F filing revealed Burry’s Scion Asset Management loaded up on put options: 5 million against Palantir (notional value $912 million) and 1 million against Nvidia ($187 million). These Q3 wagers signal Burry’s skepticism toward the AI boom that is fueling both stocks.
This post originally appeared at Money Morning.