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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
What’s behind the move:The e-commerce and cloud giant topped second quarter expectations as accelerating cloud growth at Amazon Web Services (AWS) helped drive strong results. Amazon also said its AI and custom chip businesses have each surpassed a $25 billion annualized revenue run rate
A new rival to Wall Street officially debuted on Friday as the Texas Stock Exchange went fully live for the first time with trading available for all of its listed tickers
A trader works on the floor of the New York Stock Exchange, Thursday, July 30, 2026, in New York. /Yuki Iwamura)
BP has said it is putting its North Sea business up for sale in a move that would end 60 years of production in the region by the oil giant
Several businesses are moving into the Williams Drive and Hwy. 29 corridor, including an outdoor pickleball facility, a trading card business and a salon
Consumer spending continued to power the U.S. economy in April, May and June, as GDP expanded at an annual rate of 1.5%. Joe Raedle/ North Americahide caption