China needs to boost its tech sector more than ever. How to play it
Finance
Michael Burry sells GameStop after Ryan Cohen’s hefty eBay bid: ‘Never confuse debt for creativity’
Michael Burry dumped his entire stake in GameStop after the company’s audacious bid for eBay , saying the deal’s heavy leverage shattered the investment case he had been building. “I sold my entire GME position,” Burry said in a Substack post late Monday. “Any which way I sliced it, the Instant Berkshire thesis was never […]
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Finance
Stocks making the biggest moves premarket: Palantir Technologies, PayPal, Intel, Anheuser-Busch InBev & more
Check out the companies making headlines before the bell: PayPal — Shares gained nearly 3% after PayPal reported first quarter earnings of $1.34 per share, on an adjusted basis, on revenues of $8.35 billion. Analysts polled by LSEG had expected per-share earnings of $1.27 on revenues of $8.05 billion. Anheuser-Busch InBev — The Budweiser parent […]
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Finance
Stocks making the biggest moves after hours: Palantir, Pinterest, Duolingo, Paramount Skydance & more
Check out the companies making headlines after the bell : Paramount Skydance — The entertainment stock added about 2% after the company posted first-quarter adjusted earnings of 23 cents per share on revenue of $7.35 billion. Analysts polled by LSEG had expected earnings of 15 cents and $7.28 billion in revenue. Duolingo — The maker […]
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