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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
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Apple beat market expectations in its latest results on Thursday, capping Tim Cook’s final earnings report as CEO with a strong showing, although the outlook for the current quarter disappointed investors
South Korea’s stock market staged its sharpest reversal on record on Friday,capping a month of wild swings that underscored how tightly the country’s equity market has become tied to the global artificial intelligence trade
The Australian share market opened higher in trade on Friday off the back of gains on Wall Street
Shares of online learning platform Coursera (NYSE:COUR) fell 18% in the afternoon session after second-quarter 2026 earnings report presented a mixed financial picture that left investors concerned about its underlying health. The company surpassed Wall Street’s expectations on revenue and earnings, with sales growing nearly 60% year-over-year to $298.6 million. Coursera also significantly raised its…
Shares of electronic trading platform Tradeweb Markets (NASDAQ:TW) fell 9.9% in the afternoon session after the electronic trading platform operator reported second-quarter results that failed to meet high investor expectations. The company posted an adjusted earnings per share of $0.97, which beat Wall Street’s consensus estimate of $0.95. However, its revenue of $558.9 million was…
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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