The tech-heavy Nasdaq Composite index had its worst week since April, which was sparked by the revelation of a well-known hedge fund manager's bearish bets on popular AI stocks Nvidia and Palantir.
Renowned hedge fund manager Michael Burry disclosed massive bearish positions on AI darlings after warning of market bubbles.
Nvidia Corp. Chief Executive Officer Jensen Huang said he had asked Taiwan Semiconductor Manufacturing Co. for more chip ...
Recent financial disclosures show Burry’s firm, Scion Asset Management, has opened large option positions tied to Nvidia and Palantir, with a notional value exceeding $1 billion. These positions ...
The S&P 500 declined 1.6% last week as weak jobs data and high valuations triggered a reassessment of bullish sentiment. Read more about the market here.
Stagwell CEO Mark Penn described the initiative as the "holy grail of marketing" and projected hundreds of millions of dollars in potential revenue. The platform is currently being tested by media ...
Nvidia CEO Jensen Huang asks TSMC for more chip supply as soaring AI demand fuels record semiconductor growth.
Hedge fund billionaire Michael Burry recently made a billion-dollar bet against Palantir and Nvidia, two of the most popular ...
Michael Burrys latest bearish bets on artificial intelligence (AI) stocks have sent tremors through global technology markets, and the ripples have reached Dalal Street.
Tech bull Dan Ives predicts 2 more years of AI-driven tech bull market, cites Meta and Microsoft as table pounder.
Retail investors talked up five hot stocks this week (Nov. 3–7) on X and Reddit's r/WallStreetBets: TSLA, PLTR, MSTR, AMD, IREN.