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Michael Burry Says Shorting Nebius Is “Like Shooting Fish in a Barrel.” Earnings Could Prove Him Right.
24/7 Wall St.51d agoneutral
Michael Burry Says Shorting Nebius Is “Like Shooting Fish in a Barrel.” Earnings Could Prove Him Right.

Momentum has been one of the defining themes of this bull market. Investors have rewarded companies tied to artificial intelligence with premium valuations, particularly those building the infrastructure powering the AI boom. In many cases, rising capital spending and growing debt have become secondary concerns so long as revenue continues climbing. That backdrop makes it ... Michael Burry Says Shorting Nebius Is “Like Shooting Fish in a Barrel.” Earnings Could Prove Him Right.

Take-Two Q1 earnings beat expectations ahead of GTA VI launch
Proactive51d agobullish
Take-Two Q1 earnings beat expectations ahead of GTA VI launch

Take-Two Interactive Software Inc (NASDAQ:TTWO) reported first-quarter revenue of $1.53 billion, topping analyst estimates of $1.41 billion, as the video game publisher prepares for the November 19 launch of "Grand Theft Auto VI." Net bookings for the quarter came in at $1.39 billion, down 3%...

Atlassian Soars After Earnings as AI Momentum Sparks Software Sector Re-Rating
InvestorsHub51d agobullish
Atlassian Soars After Earnings as AI Momentum Sparks Software Sector Re-Rating

Atlassian (NASDAQ:TEAM) was indicated more than 30% higher in pre-market trading on Friday after delivering fiscal fourth-quarter results that comfortably exceeded Wall Street expectations, prompting investors to rethink concerns that artificial intelligence could undermine traditional enterprise software providers. The company reported quarterly revenue of $1.

Nasdaq Jumps After Weak Jobs Report
Barrons.com51d agobullish
Nasdaq Jumps After Weak Jobs Report

Stocks were back on the rise on Friday after a weak July jobs report sent bond yields lower. The Dow Jones Industrial Average was up 81 points, or 0.2%. The S&P 500 was up 0.4%. The Nasdaq Composite rose 0.

How To Earn $500 A Month From Wendy's Stock Ahead Of Q2 Earnings
Benzinga51d agoneutral
How To Earn $500 A Month From Wendy's Stock Ahead Of Q2 Earnings

The Wendy’s Company will release its second-quarter earnings report before the opening bell on Friday, Aug. 7. Analysts expect the company to report quarterly earnings of 16 cents per share, down from 29 cents per share in the year-ago period....

Trade Desk shares plunge on weak revenue, guidance miss
Proactive51d agobearish
Trade Desk shares plunge on weak revenue, guidance miss

Trade Desk Inc (NASDAQ:TTD) shares tumbled almost 30% in premarket trading on Friday after the digital advertising technology company reported second-quarter revenue and profit that missed Wall Street estimates and issued a third-quarter forecast far below expectations. The company posted...

The Bulls Have Been Rewarded This Week
The Wall Street Journal51d agoneutral
The Bulls Have Been Rewarded This Week

There's been a rush for bullish stock bets this week. More than 10 million call options tied to the State Street SPDR S&P 500 ETF Trust traded in a single session earlier this week, the highest one-day sum on record, according to Cboe Global Markets data.

5 Safest Dividend ETFs Retirees Can Buy in August and Hold Forever
24/7 Wall St.51d agobullish
5 Safest Dividend ETFs Retirees Can Buy in August and Hold Forever

Cash yields look attractive right now, but retirees who park everything there risk watching inflation quietly erode their purchasing power for decades. These five dividend ETFs offer a different path, though each one comes with a hidden trade-off most investors overlook.

Traders Scale Back Bets on Rate Hike
The Wall Street Journal51d agoneutral
Traders Scale Back Bets on Rate Hike

Friday’s weaker-than-expected jobs report has flipped the market-based odds of whether the Federal Reserve raises interest rate in September. Interest-rate futures now show a 56% chance that the Fed stays on hold at its next meeting and a 44% chance of a rate hike, according to CME Group data.