Saturday, May 25, 2024

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Tesla’s Downhill Drive: Why ‘Big Short’ Investor Danny Moses Predicts a 70% Stock Plunge

Danny Moses, renowned for his prescient bets during the 2008 financial crisis as depicted in "The Big Short," is sounding the alarm on Tesla....

US Tech Giants at a Crossroads: Navigating the US-China Geopolitical Divide in Big Tech Earnings

As US tech giants wrap up their earnings reports, the profound impact of China on their financial landscapes is undeniable. From Tesla grappling with...

Apple Poised to Dominate the Mobile AI Revolution, Says ‘Big Short’ Investor Steve Eisman

As artificial intelligence (AI) matures into its second wave, focusing increasingly on mobile applications, Apple stands to become a key player in this burgeoning...

Gold Rush 2.0: South Koreans Snag Gold Bars from Vending Machines and Convenience Stores

In a novel retail twist, gold bars are now just an arm's reach away for snack-hungry shoppers in South Korea, lined up next to...

Stanley Druckenmiller Cautions on AI Hype Despite Nvidia’s Skyrocketing Gains

Billionaire investor Stanley Druckenmiller recently recalibrated his investment strategy, notably scaling back his stake in Nvidia, despite not losing faith in the high-flying stock....

Russia’s Oil Revenue Surges in April, Defying Western Sanctions

Russia's oil and gas revenue has seen a dramatic increase. According to a recent Bloomberg report, Russia's total oil and gas revenues in April...

Jack Dorsey Exits Bluesky Amidst Social Media Shifts: What’s Next?

Jack Dorsey, the enigmatic co-founder of Twitter, now known as X, has recently stirred the pot with a series of cryptic actions and announcements...

Bill Gross Warns: High Treasury Issuance to Keep Bond Yields Elevated

Billionaire investor Bill Gross, often revered as the "bond king," has issued a stark warning about the future trajectory of bond yields in the...

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