Michael Burry's SOXX Short Looks on Track After Chip ETF's Worst Month Since 2008
Markets

Michael Burry's SOXX Short Looks on Track After Chip ETF's Worst Month Since 2008

Michael Burry's bearish wager on the iShares Semiconductor ETF is paying off: SOXX fell 21% in July, its worst month sin...

Yael Ben-David 👁 34 💬 0
BoJ Holds Rates, Tech Earnings Spark Asian Rebound; Kospi Surges 14%
Markets

BoJ Holds Rates, Tech Earnings Spark Asian Rebound; Kospi Surges 14%

Asian equities rose on Friday, led by a 14% jump in South Korea's Kospi after its worst weekly drop in decades, as the B...

Yael Ben-David 👁 24 💬 0
Microsoft’s $450bn Day Sparks Chip Rally as Nasdaq Soars 3%
Markets

Microsoft’s $450bn Day Sparks Chip Rally as Nasdaq Soars 3%

US stocks surged Thursday, erasing post-Fed losses as Microsoft's historic rally fuelled a massive rotation into chip st...

Yael Ben-David 👁 37 💬 0
Nasdaq Correction Looms as Chip Rout Deepens While Software and Industrials Gain
Markets

Nasdaq Correction Looms as Chip Rout Deepens While Software and Industrials Gain

AI spending fears and Chinese competition pummel semiconductor shares, driving the Nasdaq 100 towards a 10% correction. ...

Yael Ben-David 👁 33 💬 0
Jack Dorsey Backs Open-Source AI Warning as US-China Cost Divide Widens
Technology

Jack Dorsey Backs Open-Source AI Warning as US-China Cost Divide Widens

Twitter co-founder Jack Dorsey endorsed venture capitalist Chamath Palihapitiya's alarm that US restrictions on open-sou...

Eitan Shapiro 👁 55 💬 0