Investor Michael Burry, best known for his successful bet against the US housing market portrayed in The Big Short, has reportedly opened a short position in Micron Technology (MU), arguing that the memory chip maker’s recent rally has been driven by speculative enthusiasm rather than fundamentals. According to a post published on his Substack, Burry
Nvidia enters the second half of 2026 facing growing pressure to defend both its market leadership and investor confidence. While the company remains the world’s largest by market capitalisation, its stock has lagged several semiconductor peers this year as investors broaden their focus across the artificial intelligence (AI) supply chain. The company continues to benefit
The US economy added just 57,000 jobs in June, well below economists’ expectations, in a sign that the labor market is losing momentum even as the unemployment rate unexpectedly declined a notch. Data released by the Labor Department on Thursday showed nonfarm payrolls increased by 57,000 in June, less than half the 115,000 jobs forecast
Bitget has published CEO Gracy Chen’s mid-year address, outlining the company’s long-term vision for a more connected financial system powered by tokenization, artificial intelligence, and universal market access. The leadership’s insights come as trading behavior continues to evolve beyond crypto alone. During the first half of 2026, the platform witnessed a shift: about 52% of
US stocks moved higher on Thursday after a weaker-than-expected June employment report tempered expectations for further Federal Reserve interest rate hikes, while investors continued to assess the outlook for inflation and economic growth. The Dow Jones Industrial Average gained 256 points, or 0.49%. The S&P 500 rose 0.39%, while Nasdaq Composite added 0.24%. The closely
Bitget, the world’s largest Universal Exchange (UEX), has launched US stock options, giving users direct access to trade options on leading US-listed companies. This makes Bitget the only major crypto exchange currently offering US stock options alongside crypto and CFD markets covering gold, forex, commodities, and indices. Active features include long call and long put
Tesla (TSLA) reported second-quarter vehicle deliveries that comfortably exceeded Wall Street expectations on Thursday, signaling a significant rebound in demand as the electric-vehicle maker navigates an increasingly competitive global market. The company delivered 480,126 vehicles worldwide during the second quarter, according to a statement released Thursday. The result came in well above analyst expectations. FactSet
The S&P 500 Index had a difficult performance in June this year, slipping by about 1.1%. It ended the month at 7,500, up by 18% from its lowest level this year, and a few points below the all-time high of 7,613. This article provides an SPX Index forecast and that of its ETFs like VOO,
Private-sector hiring slowed more than expected in June as employers added fewer workers ahead of the closely watched monthly government jobs report, while healthcare-related industries continued to account for the bulk of new employment. According to payroll processor ADP, private employers added a seasonally adjusted 98,000 jobs in June, below economists’ expectations of 110,000 and
US stocks opened lower on Wednesday as investors booked profits in semiconductor stocks following a record-breaking first half of 2026, while renewed US-Iran tensions and expectations of tighter monetary policy also weighed on sentiment. The Dow Jones Industrial Average declined 253 points. The S&P 500 slipped 0.46% while the Nasdaq Composite fell 0.68%. Semiconductor stocks