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News 2026-07-01 05:38 UTC
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
News 2026-07-01 03:50 UTC
SpaceX (NASDAQ: SPCX ) and Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk said Tuesday that short-term economic setbacks are inevitable but argued that artificial intelligence and robotics will drive a powerful long-term economic growth. Musk Pushes Back On AI Crash Thesis Musk was responding to technology commentator Robert
News 2026-07-01 03:09 UTC
Microsoft Corp. (NASDAQ: MSFT ) is reportedly preparing to announce another round of layoffs next week, with thousands of employees across sales, consulting and its Xbox gaming business expected to be affected. Microsoft Reportedly Preparing Smaller Layoffs Than Last Year Microsoft is planning workforce reductions expe