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Business & Finance
Of late, Micheal Burry has been skeptical on the developments in the technology sector. Recently, Burry disclosed short positions in Oracle (ORCL) and Nebius Group (NBIS) citing “rising leverage risks linked to off-balance-sheet commitments across the technology and cloud sectors.”
(Bloomberg) — As investors debate whether and when the Federal Reserve will raise interest rates, market expectations for further tightening are building around the world — and spelling trouble for bonds
Space Exploration Technologies Corp.(NASDAQ: SPCX) went public on June 12, ultimately selling 638.9 million shares at $135 through its initial public offering (IPO), raising a record-setting $85.7 billion in the process
While local development activity of all kinds has soared over the last five years, you might have noticed one thing in particular: There’s aheckof a lot more self-storage facilities around town than ever before
It’s been a rough few weeks for the stock market. Surging oil prices and the tech sell-off continue to plague Wall Street, and although the Federal Reserve chose to hold interest rates steady in July, any future rate hikes could potentially add fuel to the fire
(TNND) —Camp David hosted President Donald Trump’s Cabinet meeting for the first time in his second term on Friday
Exclusive: As wildfires rage, Frank Elderson says more work needed to assess risk from collapse of ecosystem services
Shares of HR outsourcing provider Insperity (NYSE:NSP) fell 7.3% in the afternoon session after its second-quarter results and full-year guidance raised concerns about underlying business weakness.
Shares of health insurance company Alignment Healthcare (NASDAQ:ALHC) fell 14.8% in the afternoon session after the company revealed plans to reinvest profits, which will lower its expected earnings for the second half of the year.
Economy News
With the bulk of the 2026 NBA offseason’s player movement now concluded, and with the calendar now flipped to August, it’s time to start looking ahead to what’s coming next in the NBA, both this season and afterward
Top Trending
Microsoft is eliminating 4,800 jobs, representing 2.1% of its workforce, with the company’s Xbox division losing about one-fifth of its staff in the software giant’s latest effort to cut costs in the era of artificial intelligence
If investors are getting nervous about how fast tech stocks have risen this year, they aren’t really showing it
Traders work on the floor of the New York Stock Exchange during morning trading on July 01, 2026 in New York City. Michael M. Santiago | Getty Images
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