Palantir Stock Drops as Michael Burry Says Anthropic Is ‘Eating Its Lunch’
Shares of Palantir Technologies slumped nearly 7% Thursday, extending losses for a second day. The drop followed comments from Michael Burry, who argued that Anthropic is pulling ahead in the enterprise AI race. With Palantir trading around $130.59 late Thursday morning, the company stood to shed about $34 billion in market cap if the slide persisted.