Dr. Michael Burry, the brilliant investor and trader who bet against the housing market before the Great Financial Crisis market meltdown, recently disclosed his new positions, which include massive bets against notable…
Nvidia CEO Jensen Huang says China will win the artificial intelligence (AI) race. If he is correct about that, it is bad news for more than just Nvidia.
Douglas A. McIntyre Bitcoin mining operation IREN (NASDAQ:IREN) has pivoted hard into artificial intelligence (AI) cloud services, and its latest move could redefine its future. The company’s recently unveiled $9.7 billion multi-year contract with Microsoft…
As the artificial intelligence (AI) boom advances, its vast computational power demands are putting the data centers that house the technology on the path of severe, earthbound limitations: skyrocketing energy consumption that…
Shares of Lemonade (NYSE: LMND) are rocketing about 20%, or $11 higher this morning. All after the company posted stronger than expected earnings, and raised its guidance again. While it posted an…
Most dividend exchange-traded funds pay out every quarter. For many retirees, this does not align with how they spend money or budget, so it’s worth looking into weekly ETFs like Roundhill Magnificent…
Analysts are pounding the table over Tesla (NASDAQ: TSLA | TSLA Price Prediction). In fact, Wedbush just reiterated an outperform rating on the tech giant, with a price target of $600. The…
Michael Burry is the billionaire investor famous for predicting the 2008 housing crash immortalized in the book and movie titled, “The Big Short.” While he doesn’t always short stocks — Burry’s Scion…
Pre-Market Futures: The futures are trading modestly higher as we reach the midpoint of the trading week, following a risk-off day on Tuesday that saw all major indices decline. The NASDAQ led…
Palantir (NASDAQ:PLTR | PLTR Price Prediction) has been the hottest AI stock on Wall Street, right behind Nvidia (NASDAQ:NVDA). The company has been on a beat-and-raise cadence for a long time, and…
You may have seen the portrayal of famous financier and trader Michael Burry in the film The Big Short. Now, it appears that Burry is indirectly using options to take a “big…
Alphabet (NASDAQ:GOOG | GOOG Price Prediction, NASDAQ:GOOGL) has been the odd one out in the Magnificent Seven for a while. The stock didn’t make parabolic gains, whereas most other AI stocks were…
Nvidia says it has “zeroed out” its revenue forecast for China. Nvidia is caught in a brutal battle between China and the United States for the upper hand in AI development.
Douglas A. McIntyre After testing all-time highs, the major indices are in the red this morning. Dow futures are down 301 points. Nasdaq futures are down 344, as the S&P 500 sinks about 70 points.…
Pre-Market Futures: The S&P 500 and NASDAQ futures are trading down over 1% on Tuesday, following Palantir’s 6.9% decline despite beating earnings expectations and giving strong forward guidance. Concerns over an AI…
