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Investor Michael Burry of ‘The Big Short’ fame revealed on Tuesday that he was shorting Elon Musk -led Tesla Inc. (NASDAQ: TSLA ), as well as chipmaker Nvidia Corp. (NASDAQ: NVDA ) and others. Shorting Tesla, Nvidia In a Substack post, Burry revealed that he had moved put options on the iShares Semiconductor ETF (NASDA
Bank of America Corp. (NYSE: BAC ) is warning investors to hedge their portfolios as the bank sees a potential correction in the S&P 500 index in the third quarter of the current fiscal year. Signs Of Market Exhaustion According to a Bloomberg report, Bank of America’s global head of technical strategy, Paul Ciana, is
The Nancy Pelosi Stock Tracker on Monday flagged Rep. Gil Cisneros ‘ (D-Calif.) purchase of AeroVironment Inc. (NASDAQ: AVAV ) after the defense company’s earnings sent shares sharply higher in extended trading. In a post on X, the Pelosi tracker noted that AeroVironment had fallen more than 40% since Cisneros’ Februar
While Wall Street veteran Louis Navellie r declares that any dip in Nvidia Corp. ‘s (NASDAQ: NVDA ) stock is a “screaming buy,” three top technology analysts are fiercely debating whether the artificial intelligence (AI) giant’s projected $1 trillion revenue roadmap is already baked into its current valuation. As Nvidi