Michael Burry issues bluntest AI-bubble warning yet, shifts to put options
Michael Burry, the investor known for predicting the U.S. subprime crash, has issued his bluntest warning yet on AI stocks,…
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
OpenAI’s revenue run rate nears $70 billion as enterprise sales double
OpenAI's annualized revenue run rate is closing in on $70 billion as enterprise sales more than double, giving the ChatGPT…
Wall Street’s biggest analyst calls Tuesday: SpaceX, Nvidia, Apple, Netflix
TD Cowen and CLSA both initiated SpaceX at buy on Tuesday, while Citi reiterated Nvidia as a buy after Monday's…
TD Cowen bets SpaceX’s next growth engine is AI computing power, not rockets
TD Cowen has assigned SpaceX a buy rating and a $200 price target, arguing the company's real growth driver is…
Summit Shares Surge 15% on $2 Billion AstraZeneca Equity Deal
Summit Therapeutics shares jumped 15% in extended trading after AstraZeneca agreed to invest $2.0 billion in the biopharmaceutical company. The…
