Michael Burry: 'Anthropic is eating Palantir's lunch,' stock sinks

April 9, 2026 - 21:03

Shares of data analytics firm Palantir experienced significant pressure during Thursday's trading session. The decline followed critical comments from prominent investor Michael Burry, famed for predicting the 2008 financial crisis. In a since-deleted social media post, Burry asserted that artificial intelligence company Anthropic is effectively "eating Palantir's lunch," suggesting intense competition in the high-stakes AI sector.

The broader market also digested a major expansion in the ongoing partnership between AI cloud provider CoreWeave and tech giant Meta. Their strategic deal has been significantly enlarged, now valued at a substantial $21 billion, underscoring the massive and growing infrastructure demands of advanced AI development.

In contrasting positive news, BlackBerry shares surged following the company's earnings report. The strong quarterly results, highlighted by better-than-expected performance, fueled investor optimism and a sharp rally in the stock. The mixed movements across these technology names illustrate the market's continued focus on company-specific catalysts and the evolving competitive landscape within the artificial intelligence industry, where both partnerships and rivalries are drawing intense scrutiny from investors.