Hedge fund manager Michael Burry, whose prescient bet against the US housing market ahead of the 2008 financial crisis cemented his reputation as one of Wall Street’s sharpest contrarians, has deregistered his firm Scion Asset Management. The move comes just days after regulatory filings revealed his bearish positions against artificial…
According to FactSet, over 90% of S&P 500 constituents have released their third quarter results. Of these, 82% have…
Rolls-Royce share price pulled back on Thursday after the company published an encouraging trading statement that illustrated strong results.…
Chinese tech giant Tencent delivered stronger-than-expected third-quarter results, posting revenue of ¥192.9 billion ($27.08B) as artificial intelligence investments and…
Alibaba Group is repositioning its mobile artificial intelligence strategy with a significant rebrand of its core AI app, as…
AirTrunk, the Australian hyperscale data centre operator acquired by Blackstone Inc. for A$24 billion ($16 billion), is expanding into…
Shares of American digital technology major Cisco Systems surged on Thursday after the company lifted its annual profit and…
Lloyds share price is closing in on hitting the 100p mark as the multi-year rally gains steam. The stock…
Baidu just made its boldest move yet in the race to dethrone Nvidia.The Chinese tech giant unveiled two new…