Michael Burry expressed concerns about Snowflake's valuation and long-term risks, while remaining bullish on Veeva despite its rally.

The entities involved

• Michael Burry →

  American hedge fund manager

  • Michael Burry has added Fannie Mae and Freddie Mac to his positions while maintaining bearish bets against Caterpillar Inc.Wed 17:59
• Snowflake Inc. →

  cloud-based data-warehousing startup

  • Major AI and data companies, including Palantir, Snowflake, Anthropic, and OpenAI, are engaged in competitive dynamics and integration efforts.Tue 14:14
  • Snowflake Inc. and WhiteFiber are being compared as technology companies providing cloud-based HPC graphics processing units services.Sun 12:52
• Veeva Systems →

  cloud computing company

  Nothing else this week.

Related events

• Michael Burry used his platform, Substack, to issue warnings regarding the current state of AI valuations.Jul 3
• Several financial firms increased their positions in Snowflake shares and filed 13F reports with the SEC.Oct 15