Michael Burry Dismisses AI Slowdown Push as Self-Interested IPO Hype
Michael Burry criticizes AI slowdown talk as self-serving, linking it to upcoming IPOs by OpenAI and Anthropic.
Michael Burry criticizes AI slowdown talk as self-serving, linking it to upcoming IPOs by OpenAI and Anthropic.
European markets fell as oil surged and Fed rate hike bets topped 90%, with AI concerns also weighing on stocks.
Jim Cramer called CrowdStrike a 'MUST BUY' after CEO George Kurtz's post on AI security. The stock rose 3.86% in overnight trading.
European stocks opened lower on Monday as rising oil prices and expectations of a Fed rate hike dampened risk appetite.
Oil jumped and stock futures fell at the week's open on unresolved Middle East tensions and OpenAI's IPO retreat.
Tesla will reveal its long-delayed Roadster on Oct 1 with SpaceX thrusters, but investors focus on a production timeline amid history of missed deadlines.
Michael Dell surpasses Jeff Bezos as world's third-richest person, with $276.5 billion, as Dell shares climb.
Sam Altman rules out an OpenAI IPO in 2026, citing AI safety concerns and a possible industry pact to slow development.
Tesla will unveil its second-generation Roadster on October 1 in Waco, Texas, featuring SpaceX thruster hardware.
Morgan Stanley warns of a possible stock market correction within 30 days, citing oil prices and AI concerns. Monday may bring the first test.
Nike stock fell sharply in 2026, becoming the Dow's worst performer. Wall Street targets suggest upside, but some analysts remain cautious.
S&P 500 and Nasdaq rebound after testing key support, but face resistance at 100- and 200-hour moving averages.
Enflame Technologies shares surged over 200% on its Shanghai debut, marking the last of China's top four AI chip startups to go public.
IREN stock dropped 3.3% as co-CEO acknowledged market now requires delivered capacity, not just deals.
Asian markets fell Friday as US inflation data and higher bond yields fueled rate hike expectations, with oil prices also surging.