Michael Burry is not a name the market ignores. The investor behind the “Big Short” trade that predicted the 2008 financial crisis has made his bearish stance on Palantir Technologies one of the more talked-about positions on Wall Street. Now, something has shifted. According to GuruFocus: Burry’s latest disclosures show that he has halved his
GameStop (GME) tried to buy eBay once already, and the answer was no. That rejection would have ended most takeover attempts. Cohen is not backing down. Instead, GameStop spent the following weeks building a bigger position and a stronger balance sheet, the opposite of what a retreat looks like. GameStop’s first eBay offer crashed into
A week before Apple raised prices on its most popular computers and tablets, Tim Cook sat down with the Wall Street Journal and used a phrase that stopped people mid-scroll. He called the memory chip shortage hitting Apple’s supply chain “a hundred-year flood.” He said he had never seen anything like it in 40 years
Travel is not the easiest industry in which to run a business in 2026. Along with the high price of jet fuel hitting many smaller airlines, various travel agencies and other companies selling trips or organized tours are particularly affected by an economy in which many customers are either booking trips themselves or putting them
Amazon’s Prime Day is off to a solid start, but the main news may not be how much shoppers are shelling out. It may be what they’re buying. U.S. online spending on the first day of Amazon’s four-day Prime Day event jumped 5.3% to $8.3 billion across merchants from a year ago, Adobe Analytics said.
On the latest episode of Steven Bartlett’s podcast, The Diary of a CEO, legendary investor Jeremy Grantham said the AI stock boom has entered the same danger zone as the great market bubbles that investors typically study only after they burst. Over the past couple of years, AI stocks have done the heavy-lifting, with mega-cap
Dan Ives of Wedbush Securities has a specific name for what is happening to tech stocks right now. In a note published June 26, he called it a “Twilight Zone market,” Seeking Alpha reported, and the phrase is more specific than it sounds. Microsoft (MSFT), Nvidia (NVDA), Meta Platforms (META), and Palantir (PLTR) have all
Wall Street spent most of 2026 waiting for the moment when consumers finally pull back. Prices are still high in many areas. Retailers still discuss shoppers looking for value. Restaurants are competing more fiercely for traffic. Are the post-pandemic tourism boom days over? Hotels and airlines are still fielding these questions. The FIFA World Cup
With the recent 130th anniversary of the Dow, let’s take a closer look at why this old and narrow index still commands so much attention. Until the S&P 500 began circulating in the 1950s – and then NASDAQ in the 1970s – the Dow was the most widely quoted measure of the market’s health each
Micron (MU) stock closed the June 25 trading session up 15.81% at $1,213.56. The stock soared following the release of the third-quarter (Q3) fiscal year 2026 (FY26) earnings report on June 24. The stock is up 313.14% year-to-date, at the time of writing, Friday afternoon, June 26. Meanwhile, the SPDR S&P 500 index (SPY) is