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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
Preliminary data shows that Russia used a North Korean missile in a deadly attack on Ukraine, marking the return of Pyongyang’s ballistic weapons after a hiatus in the war, Ukrainian President Volodymyr Zelenskyy said on Thursday
Coinbase Global (COIN) stock tumbled more than 14% early Friday after the company posted a wider-than-expected second quarter net loss on Thursday, marking its third quarter in the red since the crypto market began to drawdown from its October highs.
Amazon shares surged 14% on Friday while Apple dropped 9% as investors reacted starkly differently to their June quarter earnings reports
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The world’s biggest technology companies – including Microsoft, Meta, Google, Apple and Amazon – updated Wall Street this week on their finances
IBM CEO Arvind Krishna said Thursday investors won’t have to wait much longer for quantum computing to become a meaningful business for the technology company known for its mainframes and enterprise software