Iconic “Big Short” investor, Michael Burry, has shorted these chip stocks to sell. The latest round of 13-F filings revealed that Burry’s Scion Capital Management shorted Blackrock’s (NYSE:BLK) iShares Semiconductor ETF (NASDAQ:SOXX) with 100,000 Put options. The nominal value of Burry’s short position stands at approximately $47 million, which is nearly half of Scion’s liquidity. As such,
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Investors may not find infrastructure and other similar companies exciting or attractive. But, they are a sector that has seen considerable growth and is always vital for the continued operations of our day-to-day lives. Industrial stocks to buy focus on improving infrastructure and should be at the top for investors looking for significant returns from a sector.
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Oil prices pushed lower on Thursday, as investors grew increasingly unsettled following a decision by the Organization of the Petroleum Exporting Countries and its allies to delay a much anticipated meeting by four days. Price drivers Market drivers Oil prices tumbled briefly on Wednesday following reports of a delay to an OPEC+ meeting, originally expected this
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In the dynamic world of investments, electric boat stocks are gaining momentum. These ‘e-boat stocks’ blend innovation with eco-sustainability. They mark a significant shift in the maritime sector. Traditionally high in emissions, this industry is now embracing green technology. Electric boat stocks are not just eco-friendly; they promise strong growth potential. As renewable energy gains
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Palantir Technologies (NASDAQ:PLTR), recognized for big data services and government contracts, attracted attention with blockchain and AI advancements. However, despite high-profile deals, PLTR stock’s financial performance disappointed, leading some to see it as a “glorified consultant” rather than a tech innovator. Intense competition from more profitable consulting firms presents a challenge. Despite the easing of
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After unwanted shirts and pants piled up in warehouses and stockrooms last year, clothing chains such as Gap Inc. and Urban Outfitters have said over the past two weeks they’ve had an easier time selling clothing through the summer without slashing prices so aggressively. But with Black Friday and the holiday season’s most hectic shopping
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In the dynamic world of technology, discerning investors are consistently looking for the next revolutionary trend. Currently, quantum computing stocks stand out as the frontier of tech innovation, given their critical role in reshaping sectors from finance to healthcare. Amid this tech evolution, the best quantum computing stocks are not just speculative plays but are
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It’s been a long way down for former market darling Block (NYSE:SQ). Block stock soared during the pandemic as merchants and consumers were forced to switch to digital payments because of lockdowns. In just 18 months shares soared nearly 600%, but it was short-lived. Investors saw the fintech stock lose almost 90% of its value
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Electric motorcycle stocks are worth watching. These companies have been pioneering the electric revolution in recent years, and there’s good reason to believe that electric motorcycle stocks will be worth substantially more in the future. This article will discuss which companies you should have on your watchlist. So here are the best electric motorcycle stocks
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Blue-chip stocks typically make for solid long-term investments. These are stocks of companies that have been around for years, have well-known brands and products, are profitable, and have a track record of rewarding shareholders with dividends and share buybacks. However, not all blue-chip names have done well coming out of the Covid-19 pandemic. Stocks of many household
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Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, May 5, 2019. Nati Harnik | AP Warren Buffett donated more than $870 million in Berkshire Hathaway stock to four family foundations before Thanksgiving, assuring investors in a letter that the conglomerate is “built
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Wireless technology has come a long way. It allows consumers and businesses to communicate and transfer data at blazingly fast speeds that closely match wired connections. The rise in AI, cloud computing and online services has made it necessary for the masses to access fast and reliable wireless connections. According to one report, the 5G
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