elon musk

Saudi Arabia and the UAE enter the competition for scarce Nvidia chips, alongside Elon Musk and prominent Chinese technology leaders.

Technology giants worldwide are in a frenzy to secure Nvidia chips. Saudi Arabia and the UAE have emerged as the most recent significant purchasers of Nvidia technology, which plays a pivotal role in the ongoing AI competition. This development further contributes to worries regarding a shortage of chips, as the demand for GPUs surpasses the …

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Michael Burry, the investor known for ‘The Big Short,’ unveils bearish positions against the S&P 500 and Nasdaq-100, alongside extensive transformations in his stock portfolio.

In the previous quarter, Michael Burry entered pessimistic positions by placing bearish bets against the S&P 500 and Nasdaq-100. The investor famous for “The Big Short” also liquidated his holdings in Alibaba, First Republic, and a variety of other stocks. During that timeframe, Burry’s Scion fund significantly increased its holdings in mining, shipping, and energy …

Michael Burry, the investor known for ‘The Big Short,’ unveils bearish positions against the S&P 500 and Nasdaq-100, alongside extensive transformations in his stock portfolio. Read More »

Elon Musk’s Plan to Transform X into a Stock Trading and Financial Hub for Users

According to Semafor, Elon Musk’s X app is actively exploring the creation of a stock-trading hub within its platform. The information was reported by the outlet, citing sources and referencing a request for plans that X sent to major financial-data firms. According to Musk, to the best of his knowledge, there is no ongoing work …

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FOMO-Powered Market Rally on a Precarious Edge: CIO Warns of Unsustainability as AI Stocks Seek Solid Ground”

Main Street Research reveals: The stock market’s fiery surge is fueled by the fear of missing out! Amidst tranquil waters, investors set sail in pursuit of the market’s elusive treasures, as record-low stock market volatility betrays their fervent chase AI realm’s uncharted depths, most stocks are still finding their footing, cautions the research firm. In …

FOMO-Powered Market Rally on a Precarious Edge: CIO Warns of Unsustainability as AI Stocks Seek Solid Ground” Read More »

Strategist Believes a U.S. Recession Could Bring Positive Implications for Markets

According to Michael Yoshikami, founder and CEO of Destination Wealth Management, the possibility of a U.S. recession in the near future might actually prevent a significant market downturn in the second half of 2023. This insight offers a glimmer of hope amidst the concerns surrounding the economic landscape. In April, the U.S. witnessed a decrease …

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Elon Musk’s Sinister Ultimatum Unveiled at 4 a.m. — Twitter’s Rent Payment Hinges on His ‘Dead Body,’ Lawsuit Claims”

Six former Twitter employees have boldly taken Elon Musk and the company to court, igniting a flurry of controversy This lawsuit, filed on Tuesday, unveils a startling revelation: during a secretive 4 a.m. conversation, Musk allegedly made a chilling declaration to an advisor, proclaiming that rent payments would only happen “over his dead body.” The …

Elon Musk’s Sinister Ultimatum Unveiled at 4 a.m. — Twitter’s Rent Payment Hinges on His ‘Dead Body,’ Lawsuit Claims” Read More »

Elon Musk is taking on a new role at Twitter, will no longer be CEO

Tesla’s shares experienced a rise of more than 2%, indicating positive sentiment from investors. However, some Tesla shareholders have expressed concern about Elon Musk’s involvement with Twitter, leading to questions about his commitment to Tesla, where he is also CEO. In April, progressive shareholders publicly urged Tesla’s board to ensure Musk’s prioritization of the electric …

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