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Michael Burry Says Shorting Nebius Is “Like Shooting Fish in a Barrel.” Earnings Could Prove Him Right.
24/7 Wall St.10d agoneutral
Michael Burry Says Shorting Nebius Is “Like Shooting Fish in a Barrel.” Earnings Could Prove Him Right.

Momentum has been one of the defining themes of this bull market. Investors have rewarded companies tied to artificial intelligence with premium valuations, particularly those building the infrastructure powering the AI boom. In many cases, rising capital spending and growing debt have become secondary concerns so long as revenue continues climbing. That backdrop makes it ... Michael Burry Says Shorting Nebius Is “Like Shooting Fish in a Barrel.” Earnings Could Prove Him Right.

How To Earn $500 A Month From Wendy's Stock Ahead Of Q2 Earnings
Benzinga10d agoneutral
How To Earn $500 A Month From Wendy's Stock Ahead Of Q2 Earnings

The Wendy’s Company will release its second-quarter earnings report before the opening bell on Friday, Aug. 7. Analysts expect the company to report quarterly earnings of 16 cents per share, down from 29 cents per share in the year-ago period....

The Bulls Have Been Rewarded This Week
The Wall Street Journal10d agoneutral
The Bulls Have Been Rewarded This Week

There's been a rush for bullish stock bets this week. More than 10 million call options tied to the State Street SPDR S&P 500 ETF Trust traded in a single session earlier this week, the highest one-day sum on record, according to Cboe Global Markets data.

Traders Scale Back Bets on Rate Hike
The Wall Street Journal10d agoneutral
Traders Scale Back Bets on Rate Hike

Friday’s weaker-than-expected jobs report has flipped the market-based odds of whether the Federal Reserve raises interest rate in September. Interest-rate futures now show a 56% chance that the Fed stays on hold at its next meeting and a 44% chance of a rate hike, according to CME Group data.

Take-Two Logs Higher Sales but Loss Widens
The Wall Street Journal10d agoneutral
Take-Two Logs Higher Sales but Loss Widens

The video-game company recorded higher sales in its fiscal first quarter but losses widened due to discontinued development of a title in its pipeline.