Michael Burry Raises Alibaba Stake, Cuts Stock Portfolio in Half
(Bloomberg) — Michael Burry, the hedge fund manager famous for his 2008 bet against the US housing market and subsequent depiction in the book and movie The...
Mars’ biggest deal clinched by secretive, deep-pocketed family
(Refiles to add missing word in paragraph 4)MCLEAN, VIRGINIA (Reuters) - A running joke among residents of McLean, Virginia is that the most secretive organization headquartered in...
Dow Jones Dips But Starbucks Pops On Activist Move; Donald Trump Stock Dives After...
The Dow Jones Industrial Average fell even as the Nasdaq made progress in afternoon trading Monday. Artificial intelligence player Monday.com (MNDY) jumped while Nvidia (NVDA) and...
Stocks Waver Before Data as War Jitters Lift Oil: Markets Wrap
(Bloomberg) -- Stocks struggled for direction ahead of US inflation data, with the latest geopolitical developments curbing the appetite for risk.Most Read from BloombergHow a Tiny Midwestern...
Microsoft, Nvidia AWOL. Meet The New Big ‘Daddy’ On Wall Street.
Recent market tremors have shaken Magnificent Seven stocks Microsoft (MSFT) and Nvidia (NVDA) off their perches at the pinnacle of demand among leading money managers. A...
Why Super Micro Computer Is Bouncing Back Today
Shares of artificial intelligence (AI) server specialist Super Micro Computer (NASDAQ: SMCI) were rallying in Monday trading, up 7.2% as of 12:04 p.m. ET.The server maker plunged...
Americans who locked in a job, a home, and stocks are thriving. Everyone else...
Some Americans who secured jobs, homes, and stocks a few years ago are thriving financially.The job market has tightened, home prices have surged, and stock prices have...
Hindenburg alleges India market regulator chief had stake in offshore funds used by Adani...
MUMBAI (Reuters) -U.S. based short-seller Hindenburg Research in a new report released on Saturday alleged that the chairperson of India's market regulator Madhabi Puri Buch previously held...
Prediction: After Offloading Apple, This Will Be the Next Move Warren Buffett Makes With...
One the biggest storylines in the capital markets right now revolves around Apple. More specifically, Warren Buffett's Berkshire Hathaway sold off a significant portion of its stake...
Fed’s Bowman: Rate cuts will be needed if inflation keeps falling
(Reuters) - Federal Reserve Governor Michelle Bowman softened her usually hawkish tone ever so slightly on Saturday, noting some further "welcome" progress on inflation in the last...