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'Big Short' investor Michael Burry issues 'death spiral' warning to meme-stock fans after Bed Bath & Beyond's last-ditch financing deal

Fri, 02/10/2023 - 06:30

Michael Burry big short premiere — Michael Burry.
Andrew Toth/Getty Images

Markets, MI Exclusive, Stocks, Michael Burry, The Big Short, Scion Asset Management, Bed Bath & Beyond

AI stocks are soaring in a meme-like frenzy. Here's why investors won't have to rely on Reddit enthusiasm to sustain the rally.

Wed, 02/08/2023 - 13:54

Artificial intelligence stocks have seen a spike in investor interest, like meme-stocks did in 2021. — The rise of ChatGPT has sparked a boom in AI-related stocks and chip-makers.
NurPhoto/Getty Images; Phil Rosen/Insider

Markets, MI Exclusive, ChatGPT, AI, Stocks, Stock Market, Artificial Intelligence

Meme stocks see big sell-offs as GameStop plummets and Bed Bath & Beyond craters on plans to raise new funds

Tue, 02/07/2023 - 13:01

Bed Bath & Beyond — Photo by Chris Hondros/Getty Images

Markets, MI Exclusive, Bed Bath & Beyond, GameStop, AMC, Bankruptcy, Meme stocks

Activist investor Ryan Cohen is building a big stake in Nordstrom, report says. The retailer's stock has surged 37% on the news.

Fri, 02/03/2023 - 07:41

Chewy co-founder and former CEO Ryan Cohen — Ryan Cohen.
Courtesy of Chewy.com

Markets, MI Exclusive, Stocks, Ryan Cohen, Nordstrom, Meme stocks, Department Stores

Chicken Fried Data: Chick-Fil-A Hit With Class-Action Privacy Lawsuit Over Video Data Collection

Mon, 01/23/2023 - 18:21

While Chick-fil-A was serving you sandwiches, it was also serving up data to Facebook’s parent company Meta.

chick fil a, robertbork, reagan, Law, humanrights, identitymanagement, privacylaw

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