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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

US stocks tumble as 10-year yield keeps climbing to hit highest since 2007

Thu, 08/17/2023 - 16:05

trader nyse chart screens terminal — Angela Weiss/AFP via Getty Images

Markets, MI Exclusive, 10-year treasury yield, Dow Jones Industrial Average, S&P500, NASDAQ, Bond Yields

US stocks rise amid upbeat earnings while the 10-year Treasury yield hits the highest since 2008

Thu, 08/17/2023 - 09:38

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on February 01, 2023 in New York City. — Michael M. Santiago/Getty Images

Markets, MI Exclusive, daily market wrap, Dow Jones Industrial Average, S&P 500, NASDAQ, Fed Meeting

US stocks fall as Fed minutes show officials think hot inflation could still require more rate hikes

Wed, 08/16/2023 - 16:05

Tech Insider : Economy

Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2023 in New York City. — Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2023 in New York City.
Michael M. Santiago/Getty Images

Markets, MI Exclusive, daily market wrap, Stock market wrap, stock market news, Inflation, Federal Resere

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

US tech stocks just had their first 2-week losing streak of 2023

Mon, 08/14/2023 - 05:13

nasdaq — The Nasdaq Composite has had its first two-week losing streak of 2023.
Mario Tama/Getty Images

Markets, MI Exclusive, Stocks, Tech stocks, NASDAQ, Nasdaq Composite, Stock Market Analysis

The S&P 500 is enjoying one of the best years since 1927, thanks to the AI buzz

Wed, 08/02/2023 - 07:31

Traders cheer on the floor of the New York Stock Exchange — STAN HONDA/AFP via Getty Images)

Markets, MI Exclusive, S&P 500, Stocks, US Stock Market, US Stock Prices, Artifical Intelligence

US stocks trade mixed amid earnings rush and fresh economic data

Tue, 08/01/2023 - 16:07

NYSE — Gen Z is putting more stock into careers in finance, with one in four recent graduates considering the field a top career sector.
Photo by ANGELA WEISS/AFP via Getty Images

Markets, MI Exclusive, Dow Jones Industrial Average, S&P 500, NASDAQ, JOLTS, ISM manufacturing index

Apple and Meta powered the Nasdaq's sizzling rally in July, helping the tech-heavy index wrap up a 5-month winning streak

Tue, 08/01/2023 - 11:24

Apple and Meta stock have surged this year on AI buzz.

(Photo by Fernando Gutierrez-Juarez/picture alliance via Getty Images)

Markets, MI Exclusive, apple, facebook, meta, NASDAQ, nasdaq 100

US stocks fall to begin new month after big rally in July

Tue, 08/01/2023 - 09:35

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Traders look at computer screens as they work on the floor of the New York Stock Exchange. — Traders work on the floor of the New York Stock Exchange.
Michael M. Santiago/Getty Images

Markets, MI Exclusive, daily market wrap, Dow Jones Industrial Average, S&P 500, NASDAQ, Earnings

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