Burry shorts Caterpillar after it nearly doubled in AI rally of 2026
Michael Burry attends “The Big Short” New York screening at the Ziegfeld Theater in New York, on Nov.…
Abivax stock soars after new data on bowel disease medicine
Shares of French biotech company Abivax soared Tuesday after it released fresh data on its lead drug for…
China factory activity grows faster than expected in June on tech export demand
LIANYUNGANG, CHINA – JUNE 28: An employee works on the carbon fiber production line at the Lianyungang base…
China’s economy picks up in June on rebounding U.S. exports: analysts
A container ship is berthed at the container terminal in Qingdao, China’s eastern Shandong province on June 25,…
The AI trade cooled and oil sank. A closer look at Wall Street’s volatile week
Wall Street spent the week debating who the biggest winners and losers of the artificial intelligence boom will…
Binance founder CZ blames crypto’s sour 2026 on mix of AI, global tension, 4-year cycle
CZ acknowledged that there is a gambling component to prediction markets, but he said that is also true…
Alphabet burnishes one of its best weapons in the battle for AI supremacy
Alphabet has squashed concerns that artificial intelligence will destroy its Google tech empire. One of its biggest weapons…
China industrial profits stay resilient as economy leans on factories
HUAIBEI, CHINA – JUNE 23: A worker produces smart switches at an equipment manufacturing enterprise on June 23,…
Meta’s flurry of AI initiatives this month hasn’t helped lift the stock. What will?
Meta Platforms unveiled a flurry of AI initiatives this month — from lower-cost smart glasses and an enterprise…
Jeremy Grantham says this is ‘the most expensive market in ‘American history’
Veteran investor Jeremy Grantham thinks the artificial intelligence boom has pushed the U.S. stock market to its most…
Fannie, Freddie Ramp Up Rate Risk in MBS Portfolios (FNMA, FMCC)
Fannie Mae and Freddie Mac are taking on more interest-rate risk in their rapidly growing investment portfolios, driving…
Micron says the AI party is far from over, but not all are celebrating
The bears may be ready for bed, but the AI party doesn’t look to be ending anytime soon,…