Burry doubles down on Nvidia and Palantir shorts while loading up Molina Healthcare

Hedge fund investor Michael Burry is expanding bearish bets on Nvidia and Palantir while increasing his stake in Molina Healthcare, which has fallen about 54% from its March 2024 high. In a Cassandra Unchained update, he said he added to large short positions in Nvidia, Palantir, Oracle and Caterpillar and boosted his Molina position, arguing Molina is undervalued long term. He also added Palantir puts and Nvidia puts expiring in 2026–27, choosing options over direct stock shorts and broadening his bets against AI/semiconductor names.