Michael Burry says he’s tempted to bet against SpaceX, but passes on expensive options
Burry argued the company’s market capitalization had reached levels that dwarf many established businesses and fortunes.
Technical factors are adding fuel to SpaceX’s meme stock fire
Options, leveraged ETFs and index arbitrage are likely boosting the stock ahead of its inclusion in some benchmark stock indexes.
Fed Chair Warsh expected to withhold ‘dot’ from central bank’s interest rate outlook
The central bank’s Federal Open Market Committee is set to release its quarterly update of where individual officials expect interest rates to head.
An old economy sector may break out thanks to hyperscaler investment. Todd Gordon outlines how to play it
Another group has participated in the growth trade breakout and recently showed outperformance, creating a quieter AI revolution in this “old economy” sector.
An old economy sector may break out thanks to hyperscaler investment. Todd Gordon outlines how to play it
Another group has participated in the growth trade breakout and recently showed outperformance, creating a quieter AI revolution in this “old economy” sector.
Odds that a proposed billionaire tax appears on California ballots plunge on prediction markets
Odds that a proposed billionaire tax is on California’s ballot dropped after reports noted that Gov. Gavin Newsom is pushing to stop the proposal.
Odds that a proposed billionaire tax appears on California ballots plunge on prediction markets
Odds that a proposed billionaire tax is on California’s ballot dropped after reports noted that Gov. Gavin Newsom is pushing to stop the proposal.
General Motors announces new defense partnership with Lockheed Martin
General Motors announced a new defense partnership with Lockheed Martin as the country ramps up its production of weapons.
Snap unveils $2,195 AR glasses as CEO Evan Spiegel bets on post-smartphone future
Snap is launching its first AR glasses geared toward the broader public instead of developers.
Iran deal won’t solve oil supply issues overnight. Barclays keeps $100 forecast
Barclays warns that immediate normalization of physical oil supply chains across the Strait of Hormuz could take weeks.
