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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
Strong second-quarter results: CVR Partners reported $78 million in net income, or $7.33 per common unit, with EBITDA of $107 million as UAN and ammonia prices rose 24% and 33%, respectively, year over year. The board declared a $6.08 per-unit quarterly distribution
The artificial intelligence boom has rewarded companies that own valuable data, but it is also rewriting the ways in which people discover information online. AI-powered search summaries (or AIO – Artificial Intelligence Overview) are increasingly answering questions before users ever visit the websites that created the content
Republican U.S. Senate candidate Ken Paxton unveiled a new economic agenda on Friday, his first detailed policy proposal of the high-stakes campaign.
SpaceX (SPCX) stock whipsawed through a volatile week, swinging from an all-time low to a sharp rebound and closing at a new low, as investors braced for the newly public company’s first earnings report and a major share unlock
The stock market looked unusually tranquil. Beneath the surface, one of Wall Street’s fastest-growing funds devoted to artificial intelligence investments was unraveling
ASU economist explains how inflation, tariffs and AI are reshaping one of the nation’s biggest retail seasons