“Big Short” investor Michael Burry is joining Minerva Investment Management as senior adviser to help launch a new short-biased fund expected within a month. Burry has recently targeted AI hyperscalers and chipmakers, criticizing aggressive depreciation practices. He currently holds bearish positions on Nvidia and Palantir, bringing his growing AI skepticism…
Palantir and Nvidia are partnering to bring AI capabilities to critical supply chains, starting with Nvidia’s own operations. The companies will integrate Nvidia’s Nemotron models into Palantir’s Foundry and AIP, aiming to identify bottlenecks and automate operational decisions.
*BURRY: ROLLED NVIDIA PUTS JUNE 27 LOW 100S STRIKE *BURRY: CLOSED PALANTIR PUTS, NO ROLL, CONTINUING TO HOLD SHORT *BURRY: CLOSED ORACLE PUTS, NO ROLL *BURRY: CONTINUE TO HOLD REST OF SHORTS #MSFT • #NVDA • #PLTR • #ORCL
Adjusted EPS $0.41, est. $0.35 Revenue $1.94B, est. $1.81B Adjusted EBITDA $1.20B, est. $1.09B U.S. Commercial Revenue $764M, est. $716.4M Sees Q3 Revenue $2.16B, est. $2.00B Sees FY Revenue $8.15B–$8.16B vs. prior $7.65B–$7.66B Sees FY Adjusted Operating Profit $4.89B–$4.90B, est. $4.51B Sees FY U.S. Commercial Revenue above $3.42B Rule of 40 score climbed…
*PALANTIR SEES FY ADJ. OPER PROFIT $4.89B TO $4.90B, EST. $4.51B *PALANTIR 2Q ADJ EPS 41C, EST. 35C *PALANTIR 2Q ADJ. EBITDA $1.20B, EST. $1.09B $PLTR
$NVDA has launched the Open Secure AI Alliance, partnering with Palantir, IBM, CrowdStrike, SpaceX, and Hugging Face to strengthen open-source AI security. The group will share open models, data, and cybersecurity tools while urging policymakers to support open AI with safeguards rather than broad restrictions, as the U.S. debates limits on Chinese AI…