Michael Burry Comes for Palantir Again — This Time it's the Balance Sheet
Michael Burry: 'Palantir is losing bargaining power and channel stuffing... The former is a weak business position; the latter, a crime.'
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Palihapitiya warned against blindly trusting AI experts, urging skepticism as he said AI’s potential consequences could dwarf the fallout from COVID.
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Michael Burry: 'Palantir is losing bargaining power and channel stuffing... The former is a weak business position; the latter, a crime.'
Steve Hilton vows to ban AI-driven firings and require human review and worker appeals for automated employment decisions in California.
C3.ai reported a quarterly loss of $0.2 per share, beating consensus estimates of $0.26 loss, with a 23.08% earnings surprise. However, revenues declined year-over-year to $52.38 million. The stock has lost 23.3% since the beginning of the year and carries a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the market.
The global blockchain market is expected to experience explosive growth at a 62.4% CAGR from 2026 to 2031, driven by enterprise adoption of decentralized applications, digital identity solutions, tokenization, and cloud-hosted infrastructure. Asia Pacific is identified as the fastest-growing region, while North America maintains market leadership. Key growth drivers include Layer-2 scaling advancements, supportive regulations, and integration with AI and cloud platforms across financial services, healthcare, government, retail, and supply chain sectors.
U.S. businesses expanded paid AI adoption to record levels in 2026, led by technology, finance and manufacturing firms.
SoFi Technologies has partnered with Payward (Kraken's parent company) to integrate banking services with digital-asset markets. SoFiUSD stablecoin will be listed on Kraken, while Payward gains access to SoFi's Exchange Network for 24/7 dollar clearing. SoFi reported $300 million in SoFiUSD circulation in Q2 2026 and 388,336 crypto products, with net crypto revenues reaching $1.18 million.