Palantir Technologies shares came under pressure after investor Michael Burry once again expressed doubts about the company’s growth sustainability. Following the disclosure of his short position, PLTR stock declined noticeably, while renewed comments about a potential artificial intelligence bubble increased investor caution and market volatility.

In the latest trading session, the shares fell about 5% after Burry highlighted a possible bearish technical pattern. He pointed to valuation risks among AI-related companies, adding further pressure to the stock and triggering short-term profit-taking.

Despite the criticism, Palantir continues to post strong financial results, with quarterly revenue up 70% to $1.41 billion and earnings per share rising 78%. Additional support comes from approvals by U.S. defense agencies, expanding the use of its solutions and maintaining positive expectations among analysts.