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Michael Burry doubles down on his Nvidia and stock market call
TheStreet80d agoneutral
Michael Burry doubles down on his Nvidia and stock market call

Michael Burry does not make noise for the sake of it. The investor who correctly mapped the collapse of the US housing market before 2008 tends to publish his analysis carefully, with specific structures and named entities, and then let the argument stand on its own. On May 31, he published the ...

Crypto Crash Today: Why Bitcoin, Ethereum, XRP, and Solana Are All Down Double Digits
24/7 Wall St.80d agobearish
Crypto Crash Today: Why Bitcoin, Ethereum, XRP, and Solana Are All Down Double Digits

The crypto market cap stood at $2.53 trillion last Wednesday. As of this morning, it has dropped to $2.25 trillion, with Bitcoin (CRYPTO: BTC) testing $61,500 overnight before rebounding to $63K. There’s quite a few reasons for the market plunge. Strategy broke a years-long rule and sold Bitcoin for the first time in nearly four ... Crypto Crash Today: Why Bitcoin, Ethereum, XRP, and Solana Are All Down Double Digits

Corning’s AI Fiber Deals With Meta And Nvidia Recast Growth And Risks
Simply Wall St.80d agoneutral
Corning’s AI Fiber Deals With Meta And Nvidia Recast Growth And Risks

Corning (NYSE:GLW) has signed multi-year agreements to supply optical connectivity solutions for AI infrastructure to large customers including Meta. The company has also entered a technology and manufacturing partnership with Nvidia focused on AI data center connectivity. These arrangements are tied to a plan to expand Corning's U.S. manufacturing capacity for optical communications used in AI data centers. Corning is best known for specialty glass and optical communications products that...

CrowdStrike (CRWD) Is Up 7.2% After Profit Beat, Guidance Hike And AI Hire - Has The Bull Case Changed?
Simply Wall St.80d agobullish
CrowdStrike (CRWD) Is Up 7.2% After Profit Beat, Guidance Hike And AI Hire - Has The Bull Case Changed?

CrowdStrike Holdings reported strong first‑quarter fiscal 2027 results, swinging to a US$27.77 million profit on revenue of US$1.39 billion, raised its full‑year revenue outlook, and announced a four‑for‑one stock split effective in early July 2026. Beyond the headline numbers, CrowdStrike is deepening its AI push by hiring former NVIDIA engineering leader Dr. Bartley Richardson as Chief AI and Autonomous Systems Officer, aiming to advance “Security AGI” and more autonomous cyber...

Morgan Stanley makes bold new call on Micron stock
TheStreet80d agoneutral
Morgan Stanley makes bold new call on Micron stock

Investors in Micron Technology (MU) stock have laughed all the way to the bank over the past year, especially those who bought into the AI memory story early. Putting the rally in context, Micron stock has gained almost 100% in the past month alone and over 350% over the past six months, ...

This Chip Stock Made a Comeback After Broadcom Earnings
The Wall Street Journal80d agoneutral
This Chip Stock Made a Comeback After Broadcom Earnings

Most chip stocks stayed lower today after Broadcom's guidance sparked a slump in the industry, but Marvell Technology wasn't one of them. The company, which recently got a high-profile endorsement from Nvidia CEO Jensen Huang, saw its shares bounce back Thursday to finish 4.

Nvidia stock performance a sign of changing AI market, says investor
Reuters Videos80d agoneutralVIDEO
Nvidia stock performance a sign of changing AI market, says investor

<body><p>STORY: "There's a reason why Nvidia hasn't been doing very well, performing very well. When it reported earnings, all the numbers looked really great in terms of reports, but the stock fell, right? That, to me, tells me that the AI industry is expanding. It is refining itself and that means competitors are coming in. So I think picks and shovels as a large theme is still valid in AI, but I think you have to be careful because the winners are going to be coming from somewhere that you don't anticipate, and yesterday's winners may not be tomorrow's winners," said Rathbun.</p><p>She added that&nbsp;investors should look at manufacturing and construction companies working on building data centers.</p></body>

Billionaire Bill Ackman’s Pershing Square Exits Universal Music After Failed Takeover Bids, Stock Slumps 7%
24/7 Wall St.80d agobearish
Billionaire Bill Ackman’s Pershing Square Exits Universal Music After Failed Takeover Bids, Stock Slumps 7%

Bill Ackman’s Pershing Square has closed the book on one of its most ambitious activist campaigns. According to CNBC reporting based on The Wall Street Journal, the firm sold its entire stake in Universal Music Group (OTC:UMGNF) following two failed takeover attempts, sending UMG shares down 7% on the news. Shares have since rebounded, but ... Billionaire Bill Ackman’s Pershing Square Exits Universal Music After Failed Takeover Bids, Stock Slumps 7%

Nvidia’s CEO Sees Marvell Becoming the Next $1 Trillion Company. Shares Gained Another 5% Today.
24/7 Wall St.80d agoneutral
Nvidia’s CEO Sees Marvell Becoming the Next $1 Trillion Company. Shares Gained Another 5% Today.

It’s not every day the most influential CEO in artificial intelligence publicly anoints another semiconductor company as the next trillion-dollar stock. That is what happened when NVIDIA’s Jensen Huang praised Marvell Technology (NASDAQ:MRVL) onstage at the Computex AI Exhibition in Taiwan. After Huang’s quotes, a CNBC Halftime Report segment dove into what Huang said that ... Nvidia’s CEO Sees Marvell Becoming the Next $1 Trillion Company. Shares Gained Another 5% Today.

Jim Cramer Defends CrowdStrike. Says the Company Just Posted “An Extraordinary Number” on Its Most Key Metric.
24/7 Wall St.80d agoneutral
Jim Cramer Defends CrowdStrike. Says the Company Just Posted “An Extraordinary Number” on Its Most Key Metric.

Jim Cramer defended CrowdStrike (NASDAQ:CRWD) on Thursday’s Mad Dash after the cybersecurity leader’s post-earnings selloff, arguing that net new annual recurring revenue came in well above expectations. CrowdStrike reported its fiscal Q1 2027 results on June 3, 2026, beat on both lines, and raised its full-year outlook. The stock fell anyway, dropping 6.87% on June ... Jim Cramer Defends CrowdStrike. Says the Company Just Posted “An Extraordinary Number” on Its Most Key Metric.

CNBC’s Jim Cramer Predicts SpaceX IPO Will Double to $4 Trillion. He Says Two Factors Will Lead to Massive Buying.
24/7 Wall St.80d agobullish
CNBC’s Jim Cramer Predicts SpaceX IPO Will Double to $4 Trillion. He Says Two Factors Will Lead to Massive Buying.

CNBC’s Jim Cramer is making a paradoxical call on the pending SpaceX IPO. On Squawk on the Street this week, he predicted the stock could double on its opening trade to a $4 trillion valuation, while publicly trying to talk retail investors out of buying. The mechanics he points to (a microscopic float and forced ... CNBC’s Jim Cramer Predicts SpaceX IPO Will Double to $4 Trillion. He Says Two Factors Will Lead to Massive Buying.