Key Points “Big Short” investor Michael Burry is sticking with his bearish bet against defense tech company Palantir Technologies. Burry said in a Substack post that he’s still holding long-dated put options on Palantir. He said he’s been betting against the company since the fall of 2025. The investor’s comments come as President Donald Trump […]
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Check out the companies making the biggest moves premarket: Lumentum Holdings , Coherent — Lumentum shares jumped 5% after its CEO told Bloomberg that the optical and photonic producer’s products are booked through 2027, amid the artificial intelligence buildout. Shares of Coherent, another photonics company, were up 4%. Both companies have investments from Nvidia . […]
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Check out the companies making the biggest moves premarket: Delta Air Lines — Shares traded 12% higher, boosted by the steep declines in oil prices after the U.S. agreed to a ceasefire. The airline also posted better-than-expected results for the first quarter, though it issued second-quarter guidance that was below analyst estimates. Levi Strauss — […]
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