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Big Short Exits Palantir, Stock Jumps

Sunday, June 28, 2026

Today's Trade Leaks

1
PLTR

Burry Cuts Palantir Short, Stock Pops 4.5%

Palantir jumps 4.5% after Michael Burry, the "Big Short" guy, shrinks his short position. Mix that with a new deal with Zeta Global and you've got a stock on the rise. Is this the beginning of a comeback, or just a blip in a volatile market?
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2
UBER

Uber Tightens Driver Checks After Shareholder Lawsuit

Uber's tightening the reins. New driver checks. More convictions mean more disqualifications. Shareholder lawsuit lit the fuse. Violent felonies? You're out. Some exceptions, but only for the squeaky clean. What happens when tens of thousands of drivers get the boot? Can Uber keep up with demand?
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3
QCOM

Qualcomm's Big AI Chip Play Didn't Stop QCOM from Slipping

Qualcomm's diving into AI chips for smartphones, PCs, and cars. Game-changer, right? Yet, QCOM stock slipped 2.7% after an initial jump. What gives? Is the market skeptical or just waiting for 2028's big reveal?
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