Market Snacks

Palantir CEO Cries "Manipulation" as Burry Shorts AI. Is Wall Street Rigged?


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Introduction:
In this episode, we dive into the latest dynamics shaking the US market. Despite soaring indices driven by hopes of interest rate cuts, underlying market breadth is sharply declining, raising concerns that a single hawkish remark could trigger a harsh correction. We then explore the intense showdown between Palantir’s CEO Alex Karp and famed short-seller Michael Burry. As Palantir’s stock plunges 16% amid a wider AI sell-off and valuation fears, Karp accuses Burry of market manipulation while Burry doubles down on his bet—could this be signaling an impending AI bubble burst? Finally, we examine the challenges in the industrial warehouse sector, where demand for Amazon warehouses has fallen to a 7-year low. This shift points to a broader logistics crisis that could complicate the Federal Reserve’s inflation fight and escalate shipping costs across the board.
Content and Timestamp:
00:04:29 Palantir's Rocky November: AI Sell-Off, Burry's Bet, and Karp's Fiery Defense
00:10:33 Industrial Warehouse Market Rebalances: What to Expect in 2026
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