Michael Burry attends “The Big Short” New York premiere at the Ziegfeld Theater in New York, Nov. 23, 2015. Andrew Toth | Filmmagic | Getty Images Michael Burry is sticking with his bearish wager against Palantir Technologies, even after a public endorsement from President Donald Trump helped lift the stock. The investor of the “Big…
Check out the companies making the biggest moves premarket: Lumentum Holdings , Coherent — Lumentum shares jumped 5% after its CEO told Bloomberg that the optical and photonic producer’s products are booked through 2027, amid the artificial intelligence buildout. Shares of Coherent, another photonics company, were up 4%. Both companies have investments from Nvidia ….
BlackRock is applying hedge fund strategies to its exchange-traded fund business. Jeffrey Rosenberg, the firm’s senior portfolio manager on the systemic fixed income team, has a leading role in the firm’s liquid alternatives ETFs — which use a long-short strategy in ETF wrappers. He contends the strategy provides valuable diversification amid the recent breakdown in…
BEIJING — China’s ties with countries such as Iran and Russia have raised expectations of a bigger diplomatic role, but Beijing remains focused on protecting its own domestic interests, including global exports. That stance underpins Beijing’s circumspect acknowledgment of reports that it pushed Iran toward this week’s temporary ceasefire. A New York Times report cited…
A mechanical hand is on display at the Robot Mall, world’s first embodied intelligent robot 4S store, on August 13, 2025 in Beijing, China. Vcg | Visual China Group | Getty Images BEIJING — Alibaba Cloud is investing in a new type of artificial intelligence designed to better replicate the real world using a different…
Software’s artificial intelligence troubles don’t appear as though they will let up anytime soon, following the sector’s slide after Anthropic’s latest product and revenue updates. Software is down again this week, with the iShares Expanded Tech-Software Sector ETF (IGV) falling Wednesday — when most of the market participated in a sharp rally following President Donald…
Check out the companies making the biggest moves in premarket trading: Datadog — The software company rose 2.3% following an upgrade to buy from neutral at Guggenheim. The firm said it believes Datadog is the primarily beneficiary of artificial intelligence-driven growth in data volumes and information technology complexity. CoreWeave — The AI cloud computing stock…
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on March 18, 2026 in Washington, DC. Anna Moneymaker | Getty Images Federal Reserve officials at their March meeting still expected to lower interest rates this year, even with a high level of uncertainty…
Check out the companies making the biggest moves premarket: Delta Air Lines — Shares traded 12% higher, boosted by the steep declines in oil prices after the U.S. agreed to a ceasefire. The airline also posted better-than-expected results for the first quarter, though it issued second-quarter guidance that was below analyst estimates. Levi Strauss —…
Bridgewater founder Ray Dalio speaks in Shanghai on April 8, 2026. CNBC SHANGHAI/BEIJING — Hedge fund magnate Ray Dalio is optimistic that a highly anticipated meeting next month of the U.S. and Chinese presidents can go a long way toward soothing bilateral tensions. “The next meeting will have a particular emphasis on trade, but also…
