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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
The Economic Club of New York, a nonprofit that serves as one of the city’s highest-profile discussion forums and has hosted American presidents and foreign heads of state as well as countless business leaders, was founded in 1907. Chicago, Detroit and Boston formed their own versions in the 1920s and 1930s, and Washington, D.C. welcomed…
AI company Anthropic says that during routine testing some of its models accessed the internet and hacked into three separate organizations’ systems – and that it didn’t notice the models had done so until an internal review prompted by rival OpenAI disclosing its models did the same
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NEW YORK, July 31 (Reuters) – U.S. employment data and a batch of corporate results this coming week will keep equity investors on edge over the direction of the stock market, which has been buffeted by geopolitical tensions, uncertain interest-rate policy and sizable moves in heavyweight technology shares
U.S. economic growth dropped to 1.5 percent in the second quarter, down from a 2.1 percent annual rate in the first three months of the year, the Commerce Department’s Bureau of Economic AnalysisreportedThursday
A dealer walks past near the screen showing the Korea Composite Stock Price Index (KOSPI) at a dealing room of Hana Bank in Seoul, South Korea, Friday, July 31, 2026. /Lee Jin-man)