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examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks ended the week lower despite a Friday rebound, as surging oil prices, rising Treasury yields and growing expectations for a Federal Reserve rate hike pressured equities. The S&P 500 fell
A Tuesday portfolio report says Michael Burry’s bearish positions ran into difficulty in August as stocks advanced, with Palantir delivering the largest move against his positioning.
Burry predicts a major market top
The ‘Big Short’ Investor Michael Burry on Sunday disputed claims that several of his past market calls, including ones on Nvidia Corp. (NASDAQ: NVDA ), Tesla Inc. (NASDAQ: TSLA ) and another U.S. housing market crash, had proved wrong after an X account challenged his investing record. Burry Says Criticism Is False An
“Big Short” investor Michael Burry has placed a bearish bet on Caterpillar Inc. (NYSE: CAT ), the heavy-machinery giant, which continues to benefit from the AI infrastructure buildout. However, some on Wall Street believe the bearish wager is misplaced. Sergey Glinyanov, a senior analyst at Freedom Broker, told Fortune
SpaceX's sharp pullback from its post-IPO record high is doing little to embolden short sellers reluctant to bet against CEO Elon Musk
SpaceX's sharp pullback from its post-IPO record high is doing little to embolden short sellers reluctant to bet against CEO Elon Musk
SpaceX shares have shed over a quarter of their value in just over a week, but short sellers remain reluctant to bet against CEO Elon Musk, with only about 5-7% of the company's float currently sold short