“Sometimes, we see bubbles,” Burry said in a recent X post. “Sometimes, there is something to do about it. Sometimes, the only winning move is not to play.”

"The idea that chips and ontology is what you want to short is bats--- crazy," Alex Karp said.

Wall Street analysts raised concerns about Palantir's elevated valuation and famed hedge fund manager Michael Burry revealed a short position.

“Sometimes, we see bubbles,” Burry said in a recent X post. “Sometimes, there is something to do about it. Sometimes, the only winning move is not to play.”

Despite the splash his disclosure made, the famed "Big Short" investor is likely sitting on losses from those bearish bets.

"Is there going to be an AI wobble at some point?" Tony Yoseloff told Goldman Sachs. "There's a little bit of a prisoner's dilemma, let's call it."

Wall Street expects tech stocks to take a hammering this morning—again.