Breaking News: Investing
‘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 Nov. 23, 2015. Jim Spellman | WireImage | Getty Images Michael Burry, the investor made famous by “The Big Short” who recently roiled the market with a tech short bet, is accusing some of America’s […]
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Warren Buffett to step up giving away fortune to his children’s foundations, while supporting successor Abel
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Warren Buffett laid out a plan to “step up” the pace of giving away his $149 billion estate to his children’s foundations, while still allowing for a short period that allows Berkshire Hathaway shareholders to gain confidence […]
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Jim Chanos unwinds Strategy short as stock’s bitcoin premium collapses after 50% sell-off
Famed short seller Jim Chanos closed his closely-watched wager pitting Strategy against bitcoin , saying the valuation gap that once made the trade so compelling had largely vanished. Chanos said Saturday in a social media post on X that as of Friday’s market open he had unwound his pair trade of shorting Strategy and going […]
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Stock futures rise as Senate nears deal to end the government shutdown: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on November 07, 2025 in New York City. Spencer Platt | Getty Images Stock futures rose after lawmakers neared a deal to end the historic U.S. government shutdown. S&P 500 futures gained 0.6% and futures tied to the Dow Jones Industrial Average […]
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Top Wall Street analysts favor these 3 tech stocks for their growth outlook
High valuations for artificial intelligence (AI) stocks were the focus of the market this week, with fears of a potential AI bubble capping investor sentiment. But the view on Wall Street is still that several tech stocks offer strong fundamentals and are delivering rapid, AI-induced growth, justifying their sky-high valuations. The recommendations of top Wall […]
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Too early to bet against AI trade, State Street suggests
ETF Edge Too early to bet against AI trade, State Street suggests Published Sat, Nov 8 202511:00 AM EST Blair Bao WATCH LIVE Source
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Bank of America picks five stocks with more room to run after earnings
Bank of America named several stocks that are well positioned following earnings. The Wall Street investment bank says companies like Palantir are too attractive to ignore. Other buy-rated names screened by CNBC Pro include: Wayfair , Intapp , Diamondback and AerCap Holdings. Wayfair The online home furnishing company is firing on all cylinders, the firm […]
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Altimeter’s Brad Gerstner says market pullback is healthy, sees no bubble in tech
Altimeter Capital founder and CEO Brad Gerstner said Friday the recent pullback in technology shares is a healthy correction after a monthslong surge. “The Nasdaq’s gone up 40% off the bottom in April. The market was kind of looking for a reason for a breather,” Gerstner said on CNBC’s ” Money Movers .” “This week, […]
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Dow drops 400 points as AI stocks resume their decline, Nasdaq falls 1.9%: Live updates
A trader works on the floor of the New York Stock Exchange. NYSE U.S. stocks retreated on Thursday as names in the artificial intelligence trade came under pressure yet again amid worries around eye-watering valuations. The Dow Jones Industrial Average slipped 455 points, or 1%. The S&P 500 traded down by 1.2%, while the Nasdaq […]
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Cathie Wood trims her bitcoin bull case on threat of stablecoins taking some market share
Ark Invest’s Cathie Wood has trimmed her most bullish forecast for bitcoin, acknowledging that the rapid rise of stablecoins is taking on a role she once thought bitcoin would fill. “Stablecoins are usurping part of the role that we thought bitcoin would play,” Wood, CEO and chief investment officer of Ark, said Thursday on CNBC’s ” […]
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