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'Big Short' investor Michael Burry piled into energy and shipping stocks last quarter. A top strategist explains why.

Fri, 08/18/2023 - 05:01

Michael Burry Getty — Michael Burry.
Kevin Mazur/WireImage

Markets, MI Exclusive, Stocks, Michael Burry, The Big Short, Scion Asset Management, ubs

The world's biggest stock investor says if you don't see opportunities in AI, then you are a 'complete moron'

Wed, 08/16/2023 - 11:26

AI artificial intelligence illustration — NurPhoto/Getty Images

Markets, MI Exclusive, Investing, Artificial Intelligence, artificial intelligence stocks, artificial intelligence investing, ai investing

Nvidia's upcoming earnings could swing the whole stock market higher as Wall Street's AI frenzy continues

Tue, 08/15/2023 - 12:38

Jen-Hsun Huang, CEO of Nvidia Corp., gives a keynote presentation during the GPU Technology Conference in San Jose, California. Huang later unveiled the Titan X CPU operating with a GeForce GTX Titan X graphics card during the presentation. — Nvidia CEO Jensen Huang.
Kim Kulish/Corbis/Getty Images

Markets, MI Exclusive, Investing, nvidia earnings, NASDAQ, Stock Market Outlook, Nvidia stock

Dan Loeb, David Tepper, and Paul Tudor Jones piled into Nvidia stock last quarter - and other elite investors joined them

Tue, 08/15/2023 - 08:36

jim simons renaissance — Jim Simons.
AP Images / Jason Decrow

Markets, MI Exclusive, Stocks, Nvidia stock, Microchips, Semiconductors, Artificial Intelligence

A secretive asset manager had $36 billion riding on just 5 tech stocks including Tesla and Nvidia at the end of June

Tue, 08/15/2023 - 05:06

Nvidia CEO Jensen Huang — Nvidia CEO Jensen Huang.
Rick Wilking/Reuters

Markets, MI Exclusive, Stocks, Jennison Associates, tesla, Nvidia stock, Big Tech

China's tech titans scramble to buy $5 billion of Nvidia chips as US bans investment in key Chinese sectors, report says

Thu, 08/10/2023 - 06:03

Tech Insider : Economy

Biden — The Biden administration is restricting US investment in key Chinese tech.
MANDEL NGAN/AFP via Getty Images

economy, Biden, Xi, China, Tech, Nvidia stock, AI

China's tech titans scramble to buy $5 billion of Nvidia chips as US bans investment in key Chinese sectors, report says

Thu, 08/10/2023 - 06:03

Biden — The Biden administration is restricting US investment in key Chinese tech.
MANDEL NGAN/AFP via Getty Images

Markets, MI Exclusive, Biden, Xi, China, Tech, Stocks

Nvidia stock is still a 'top pick' at Bank of America even after its stunning AI-driven 209% rally

Mon, 08/07/2023 - 13:17

Nvidia CEO Jensen Huang — Rick Wilking/Reuters

Markets, MI Exclusive, Stock Market, nvidia, Nvidia stock, nvidia stock price, Analyst Note

Alaska has boosted its Nvidia bet 50-fold in recent years, giving it a $142 million stake in June

Thu, 07/27/2023 - 09:11

Dog sled race — A dog race in Alaska.
REUTERS/Mark Meyer

Markets, MI Exclusive, Stocks, Alaska Department of Revenue, stock portfolio, Nvidia stock, tesla

Stocks will tumble, recession will strike, and dollar dominance is at risk, Thomas Peterffy warns

Wed, 07/26/2023 - 07:25

Tech Insider : Crypto

Thomas Peterffy, the founder of Interactive Brokers — Thomas Peterffy.
Mike Segar/Reuters

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