Michael Burry Shorts This AI Giant, Then Buys Calls as a Hedge: Why?
Michael Burry expanded his Nvidia short, then bought December calls as a hedge ahead of earnings, calling the stock overvalued.
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Michael Burry expanded his Nvidia short, then bought December calls as a hedge ahead of earnings, calling the stock overvalued.
The Bank of Korea raised its interest rate by 25 basis points to 3% on Thursday. The move marked a second consecutive increase. Policymakers had already flagged more tightening in July. Firm core inflation and a renewed jump in Seoul…
Seaport analyst Jay Goldberg says Nvidia's record quarter still won't move the stock because supply is sold out.
Three changes hit 21Shares XRP, DOGE, and Ethereum ETFs. Staking names, FTSE pricing, and new fees explained.
Elon Musk's Grok Bot promise vows to make users whole if the AI loses money, yet xAI terms cap liability at $100.
Alger's Ankur Crawford warns the AI trade faces a political test as data center backlash spreads into the 2026 midterms.
The S&P 500 edged lower despite favorable results from NVIDIA, which comfortably beat the market’s expectations, while core PCE inflation held steady in July. The cash session had closed nearly flat hours earlier, at 7,675.70 points, ahead of the quarterly…
Okta, Salesforce, CrowdStrike, and Veeva topped Nvidia earnings day gains with their own quarterly beats.
Chainalysis data puts crypto taxable activity at $457 billion in 2025, with only 14% visible under CARF reporting rules.
Nvidia’s Q2 earnings topped expectations on August 26, with revenue of $96.2 billion beating the $92.2 billion Wall Street estimate. The chipmaker guided the current quarter to $108 billion. Nvidia (NVDA) stock erased an early dip to climb more than…
CyberLeek hits back at Rockstar's letter to fans and renews the demand for GTA 6 physical discs and ownership.
XRP is leading a broader pullback in the crypto market on August 26, sliding roughly 6.6% over 24 hours to trade near $1.37, the worst performance among the top 10 cryptocurrencies. The decline follows one of the token’s strongest weekly…