Michael Burry, the investor who predicted the 2008 financial crisis, is warning about the AI market. He thinks it's too hyped up and might crash. Burry, who famously bet against the housing bubble, shared his thoughts on X after a two-year break. He posted a quote from the movie "WarGames, " saying
Kimberly-Clark, a big name in consumer goods, just made a bold move. They bought Kenvue, the company behind Tylenol. But this deal didn't go over well with Wall Street. Their stock took a huge hit, the worst since the big crash in 1987. Shares dropped by 15%, which is a lot. Why did they do it? The
Metsera is at the center of a heated battle between two pharmaceutical giants, Pfizer and Novo Nordisk. It all started when Novo Nordisk made a surprising offer to buy Metsera for $6. 5 billion, even though Metsera had already agreed to a smaller deal with Pfizer. This has led to a legal fight, with
A public company, TON Strategy, recently faced a warning from Nasdaq for breaking rules about getting shareholder approval. They raised over $500 million by selling shares privately to buy a lot of Toncoin, a cryptocurrency linked to Telegram. Nasdaq didn't punish them severely because it seemed lik
Hims & Hers Health, Inc. recently saw its stock price jump after sharing its third-quarter financial results. The company revealed it's in talks to offer Novo Nordisk's popular weight management products, Wegovy, through its platform. The company reported earnings of six cents per share, which was
The U. S. stock market has been quite steady lately. This stability is notable, especially when considering the usual ups and downs that can happen. Many people are keeping a close eye on this trend, trying to figure out what it means for the future. One big reason for this calm period could be the
American Express, a major player in the financial industry, has been making waves with its recent stock performance. Over the past year, the company's stock has surged by 32. 15%, and in the last month alone, it's up by 9. 12%. This growth has pushed the stock to new all-time highs, with a notable p
A huge deal just went down in the world of consumer goods. Kimberly-Clark, the company behind Kleenex and Huggies, is buying Kenvue, the maker of Tylenol and other well-known brands. The price tag? A whopping $40 billion. This move comes as Kenvue has been dealing with some serious challenges, espec
Universal Music Group (UMGNF) and Corus Entertainment (CJREF) are two companies in the communication services sector that have caught the eye of analysts. Both companies have received neutral ratings, meaning analysts are not particularly excited or worried about their stocks. Universal Music Group
In the middle of the US-China tech war, one Chinese company is making huge waves. Victory Giant Technology (Huizhou) Co. has seen its stock price skyrocket by nearly 600% this year. This makes it the top performer in the MSCI Asia Pacific Index. So, what's driving this incredible growth? It turns o
