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Michael Burry, the investor made famous for accurately predicting the 2008 US housing crisis and immortalised in Michael Lewis’s book and subsequent film The Big Short, has issued one of his most pointed market warnings in years, declaring that the current AI-driven rally feels like the final months of the 1999 to 2000 technology bubble. […]
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SanDisk Corp. [NASDAQ: SNDK] closed 6.17% lower on Tuesday, May 12, falling to $1,452.02 as a coordinated selloff swept through memory and semiconductor names amid a confluence of macro pressures that had nothing to do with the company’s own fundamentals. Micron Technology [NASDAQ: MU] fell 3.61% and Western Digital [NASDAQ: WDC] dropped 5.25% in the […]
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US consumer prices rose 3.8% year-over-year in April 2026, the highest annual inflation reading since May 2023, according to Bureau of Labor Statistics data released on Tuesday, as surging energy costs driven by the ongoing conflict with Iran pushed the cost of living sharply higher across the economy. The Consumer Price Index rose 0.6% on […]
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JPMorgan Chase [NYSE: JPM] is accelerating its move into the digital asset space across multiple fronts, with the world’s largest bank exploring institutional cryptocurrency trading services, scaling its blockchain infrastructure at a dramatic pace, and watching its CEO publicly acknowledge competitive pressure from crypto-native rivals for the first time. The bank’s markets ...
Oklo Inc. [NYSE: OKLO] reported first-quarter 2026 results after market close on Tuesday, May 12, posting a net loss of $33.1 million and a loss from operations of $51.2 million as the nuclear microreactor developer continues to build out its commercial pipeline while generating zero revenue. The loss per share of $0.19 came in line […]
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