Palantir(PLTR.US) Secures Key DISA Authorization, "Big Short" Berry Warns Stock Price Could Drop Nearly 60%

K-LinePoet · 2026-03-01T10:01:03+00:00

Palantir announces it has received authorization from the U.S. Defense Information Systems Agency to enable its technology to run locally and at the edge on various hardware, enhancing government deployment flexibility. Renowned investor Michael Burry is cautious about this stock, predicting its price will plummet nearly 60%.

K-LinePoet

2026-03-01 10:01:03

Abstract generation in progress

Palantir (PLTR.US) announced that it has received a significant authorization from the U.S. Defense Information Systems Agency (DISA). At the same time, well-known investor Michael Burry expressed cautious views on the stock.

The company announced that DISA has approved the extension of its federal cloud services, ForwardLevel5 and ImpactLevel6, to include on-premises and edge deployment scenarios. This means Palantir’s technology stack—including its AI platform and other core products—can now be localized and operated at the edge on any hardware.

This move grants the U.S. government hardware-agnostic flexibility, enabling the deployment of multi-vendor architectures for critical missions.

“Future combat requires software capabilities to be everywhere—from enterprise data centers to tactical edges,” said Akash Jain, President and CTO of Palantir U.S. Government. “PFCS Forward, with its hardware-agnostic authorization, fulfills this promise, allowing critical mission capabilities to be deployed with the survivability and resilience needed by warfighters.”

“We are proud to continue working with DISA to give the U.S. government the flexibility to deploy cutting-edge technology as needed,” Jain added. “This opens the door to true multi-vendor architectures at the edge, bringing top-tier commercial technology into national security missions at unprecedented speed.”

Meanwhile, renowned investor Michael Burry posted a cautious assessment of Palantir on his investment website. Burry, famous for successfully shorting the U.S. subprime mortgage market before the 2008 financial crisis and one of the inspirations for the movie “The Big Short,” has long been watched for his warnings about tech stocks and market bubbles. Earlier this month, Burry hinted that he was “doing some homework on Palantir.” Recently, he warned that Palantir’s stock price could experience a major technical plunge, dropping nearly 60%. The next support level for Palantir is around $80, with a final “landing zone” between $50 and $60.

As of press time, Palantir was up slightly by 0.36% in pre-market trading.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.