Burry's AI Stock Bet Pays Off as Tech Giants Tumble
Michael Burry, the investor who predicted the 2008 crash, has seen his $1 billion bet against AI stocks pay off as Palantir and Nvidia have lost up to 33% of their value since November.
Category : Markets
Asian Shares Drop Following Wall Street Tech Retreat
Asian stock markets declined on Thursday, mirroring Wall Street's retreat driven by sinking technology stocks. Key indices in Tokyo, Seoul, Hong Kong, and Shanghai all fell, while U.S. futures edged higher.
FTSE 100 Hits Record High on Beazley and Entain Gains
The FTSE 100 index closed at a new record high of 10,402.34, driven by strong performances from Entain and insurer Beazley, which accepted a potential £8 billion takeover offer.
AI Fears Trigger Global Software Stock Selloff
A sharp selloff in software and data company stocks has spread worldwide following Anthropic's AI legal tool launch, hitting shares from London to Tokyo as investors fear business model disruption.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Hedge Fund Hotshot Jason Ader Files for Bankruptcy
Jason Ader, the former activist investor and CNBC regular, has filed for personal bankruptcy in Miami with $2 million in debt, while being sued by his own mother over a $13 million loan default.
Asia Shares Mixed, Precious Metals Gain After Wall Street Losses
Asian stock markets showed a mixed performance on Wednesday following significant losses on Wall Street, driven by a sell-off in technology stocks. Meanwhile, gold and silver prices extended their gains as investors sought safe-haven assets.
Gold to Hit $6,300 by 2026 Despite Plunge, Says JPMorgan
JPMorgan forecasts gold will reach $6,300 an ounce by end-2026, shrugging off its worst one-day drop since 1983, citing strong central bank and investor demand.
FTSE 100 Down on AI Worries for Data Providers
The FTSE 100 closed lower on Tuesday as fears over AI disruption triggered sharp falls in data analytics and software firms, offsetting a rally in mining stocks.
Gold and Silver Rebound After Monday's Sharp Declines
Gold and silver prices have staged a significant recovery in early trading, with gold climbing 4.5% to $4,877 per ounce and silver jumping 6.5% to $84.70, following Monday's sharp declines.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Buffett's UnitedHealth Bet Sours as Shares Plunge
Warren Buffett's significant investment in UnitedHealth appears to be faltering after a sharp stock decline and regulatory pressures, marking a rare misstep in his final moves as Berkshire Hathaway CEO.
Asian Shares Surge as Markets Recover from Recent Volatility
Asian shares surged on Tuesday, led by gains in South Korea and Japan, as investors regained confidence in tech stocks and awaited earnings reports amid global economic trends.
Trump's Fed Choice Triggers Gold Price Collapse
Gold and silver prices plummet after Donald Trump selects Kevin Warsh as Federal Reserve chair, with markets fearing hawkish monetary policy will curb inflation hedges.
Gold and Silver Crash After Record Highs: Investor Guide
Gold and silver prices surged to unprecedented levels before crashing dramatically. Discover the causes behind the volatility and crucial risks for everyday investors.
Gold and Silver Prices Plunge: Analysis and Strategies
Gold and silver prices have experienced significant declines after recent record highs. This article examines the causes, current market positions, and expert advice on whether to buy or sell precious metals.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Gold Plunges 8% as Trump's Fed Pick Sparks Metals Meltdown
Gold prices tumbled 8% to $4,465 an ounce on Monday, reversing from last week's record high of $5,600. The sell-off, triggered by Trump's nomination of Kevin Warsh as Fed chair, rattled global markets.
Gold and Silver Prices Plunge in Brutal Correction
Gold and silver prices have suffered their worst trading days in decades, with sharp declines continuing after record highs. The sell-off was triggered by US Federal Reserve nomination news.
Gold and Silver Prices Plummet in Major Correction
Gold and silver prices have suffered a brutal sell-off, with gold experiencing its worst one-day drop since 1983 and silver plunging nearly 30%.
Gold and Silver Suffer Worst Trading Days in Decades
Precious metals gold and silver experience severe sell-off, with prices dropping sharply after recent record highs. Analysts describe the correction as brutal and unexpected.
Gold and Silver Slump in Metals Market Meltdown
Precious metals markets experience a severe correction as gold and silver prices tumble dramatically, with analysts pointing to Federal Reserve nomination and market volatility as key factors.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Asian Shares, US Futures Slip; Oil Falls Over $2
US futures and Asian shares declined on Monday, tracking Wall Street's retreat, with oil prices dropping more than $2 a barrel amid geopolitical and economic concerns.
Barefoot Investor Warns on Silver Investment Hype
Scott Pape cautions investors about silver's volatility and poor long-term returns compared to shares, despite recent price surges driven by inflation and industrial demand.
Gold Rush Frenzy: Prices Surge and Swing Worldwide
Gold prices have surged to record highs, sparking a global rush as consumers buy and sell the precious metal amid geopolitical tensions and market uncertainty.
Gold and Silver Crash After Trump's Fed Chair Nomination
Precious metals plummet as President Trump names Kevin Warsh as Federal Reserve chair nominee, easing concerns about dollar weakness and inflation tolerance.
Lloyds Bank's Strong Performance: UK Economic Revival?
Lloyds Bank reports forecast-busting profits, raising questions about whether its lending capacity can boost the UK economy and what Chancellor Rachel Reeves must prove.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Trump Picks Kevin Warsh for Fed Chair: Market Impact
Donald Trump nominates former Fed governor Kevin Warsh to replace Jerome Powell, sparking market reactions and debates over central bank independence and interest rate policy.
Trump Nominates Kevin Warsh as Federal Reserve Chair
Donald Trump has selected former Fed governor Kevin Warsh as his nominee to replace Jerome Powell as Federal Reserve chair, marking a significant shift in US central bank leadership.
Gold Slips on Fed Bets, Still Best Month Since 1982
Gold prices fell over 4% on Friday amid rumours of a hawkish Fed chair pick, yet the precious metal is set for its strongest monthly gain since 1982, with a 20% surge in January.
Gold and Silver Prices Slump After Wild Wall Street Day
Markets saw a significant decline in shares and precious metals on Friday, with gold dropping 2.8% and silver falling 4.1%, as investors reacted to volatility and corporate earnings.
Silver Price Crash Warning: Expert Predicts 50% Plunge
Former JPMorgan managing director Marko Kolanovic warns silver could plummet 50% from recent highs, citing unsustainable commodity bubbles. The metal hit $120 before volatile swings.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Asian Shares Fall After Wall Street's Wild Day and Microsoft Slump
Asian stock markets declined on Friday following a volatile session on Wall Street, where Microsoft suffered its worst drop since 2020. Oil prices fell over $1, while gold and silver weakened amid investor caution.
Page 14 of 48
