China’s EV race to the bottom leaves a few possible winners
Finance
Michael Burry is not a believer: ‘For any stocks going parabolic reduce positions almost entirely’
Key Points Michael Burry said investors should “reject greed” as enthusiasm around artificial intelligence and momentum-driven trades pushes valuations sharply higher. “An easier way for most is to simply reduce exposure to stocks, to tech stocks in particular. For any stocks going parabolic reduce positions almost entirely,” Burry wrote. Source
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Finance
Stocks making the biggest moves premarket: Moderna, Lumentum, Intel, monday.com & more
Check out the companies making the biggest moves premarket: Moderna — The biotechnology company was up almost 9% after a U.S. citizen tested positive for the hantavirus. Another American had symptoms for the virus, but had yet to test positive, the Associated Press reported . Moderna last week announced that it was in the early-stage […]
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Finance
How much further does this Teflon market have to go? Here’s what traders say
Key Points The S&P 500 crossed 7,400 for the first time on Friday, and traders on prediction markets platform Kalshi place 59% odds the index crosses 8,000 in 2026. That index crossed 7,000 for the first time in January. Source
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