Michael Burry, the investor best known for The Big Short, said he continues to believe the market could be nearing a major top and potentially face a 1987-style crash despite the S&P 500 climbing to fresh record highs.
August 5, 2026, 3:53 AM EDT.IPOs such as SpaceX and ChangXin Memory Technologies have generated worldwide interest, particularly across the tech and AI sectors. Still, with founders trying to maximize returns and invest…
Bank of America CEO Brian Moynihan on Wednesday called the recent near-collapse of high-flying AI hedge fund Situational Awareness a warning shot for financial markets that are being fueled by elevated valuations and bo…
At first glance, it's natural to be apprehensive about MGM Resorts (MGM). Sure, MGM stock itself is ranked as a 40% Buy, according to the Barchart Technical Opinion indicator. Further, the technical profile suggests a c…
Minneapolis Federal Reserve President Neel Kashkari said Wednesday that he thinks higher interest rates are needed now to bring down inflation and avoid more drastic increases later.
The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +1.79%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.71%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +3.32%. September E-mini S&P futures (ESU26) …
In other (bad) news for SpaceX , a four-tonne piece of a discarded SpaceX rocket that has been floating in space since last year is believed to have unintentionally crashed into the moon at high speed, in a collision th…
Semiconductor stocks surged on Tuesday, with the PHLX Semiconductor Index (SOXX) jumping more than 6% and helping lift the S&P 500 to a fresh record high of 7736.52. Investors closely watched stocks like Marvell Technol…
Michael Burry, famed for predicting the 2008 financial crisis, is maintaining his bearish stance despite the S&P 500 hitting record highs, warning that the market rally could still end in a steep sell-off.
Cotton futures were down 8 to 22 points in the front months with other contracts, up 2 to 40 points. Crude oil was down $5.20 per barrel, with the US dollar index down $0.031.
Advanced Micro Devices reported second-quarter earnings on Tuesday that beat expectations, but the stock slumped in extended trading after rising during regular trading hours.
Sen. Susan Collins, R-Maine, will vote against Todd Blanche's nomination to be attorney general, dealing a blow to President Donald Trump's pick for the nation's top law enforcement job ahead of a confirmation vote in t…
NEW YORK (AP) — Changes to federal student loans expected to affect millions of borrowers are taking effect July 1. A part of President Donald Trump’s “Big Beautiful Bill,” these changes mean the end of some payment pla…
Michael Burry of "The Big Short" fame is sticking with his bearish wagers even as the S&P 500 surges to a record high, warning that the rally could still end in a sharp sell-off reminiscent of the 1987 stock-market cras…
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