‘Big Short’ investor Michael Burry accuses AI hyperscalers of artificially boosting earnings
Michael Burry attends the New York premiere of "The Big Short" at the Ziegfeld Theater in New York City on ...
Tag: Breaking News: Technology
SoftBank sells its entire stake in Nvidia for $5.83 billion
Nvidia CEO Jensen Huang (L) and the CEO of the SoftBank Group Masayoshi Son pose during an AI event in ...
Nvidia CEO’s ask of Taiwan Semi means more upside for this portfolio stock
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time ...
Instacart tops third-quarter expectations under new CEO Rogers, gives strong guidance
The Instacart logo is seen on a smartphone and on a PC screen.Pavlo Gonchar | SOPA Images | Lightrocket | ...
Block sinks 7% after weak third quarter results miss Wall Street estimates
Block shares fell nearly 8% Friday after weak third-quarter earnings fell short of Wall Street expectations and showed slowing profit ...
Affirm CEO says furloughed federal employees are starting to lose interest in shopping
Affirm CEO Max Levchin said Friday that while the buy now, pay later firm isn't seeing credit stress among federally ...
Too early to bet against AI trade, State Street suggests
State Street is reiterating its bullish stance on the artificial intelligence trade despite the Nasdaq's worst week since April.Chief Business ...
Week in review: The Nasdaq’s worst week since April, three trades, and earnings
It was a terrible start to November on Wall Street. The tech-heavy Nasdaq sank just over 3% in its worst ...
Archer tanks 8% after air taxi maker sells additional 85 million shares, buys LA-area airport
Courtesy: Archer AviationArcher Aviation's stock plummeted 8% after a share sale overshadowed a narrower-than-expected third-quarter loss.The company posted a net ...
Palantir CEO Karp twice slams short sellers as stock suffers worst week since April
Palantir co-founder and CEO Alex Karp attends meetings at the U.S. Capitol in Washington on Oct. 18, 2023.Jonathan Ernst | ...
