Michael Burry is betting on market decline with puts on chip and China stocks
From Yahoo Finance.: 2025-05-19 17:45:00 Hedge fund manager Michael Burry is betting on a market decline, focusing on chips and
Category: Business
Moody's downgrade of US credit rating led to rising Treasury yields, falling dollar, and rebounding stocks
From Yahoo Finance: 2025-05-19 17:04:00 The Moody’s downgrade of the U.S. credit rating caused long-dated Treasury yields to rise, the
PepsiCo acquires poppi for $1.95 billion to expand its offering of wellness-focused products.
From Yahoo Finance: 2025-05-19 16:45:00 PepsiCo, Inc. (NASDAQ: PEP) completes the acquisition of poppi for $1.95 billion, including $300 million
Barclays analyst praises Adobe's new pricing tiers for Creative Cloud, projecting future growth.
From Yahoo Finance: 2025-05-19 16:26:00 Barclays analyst Saket Kalia praised Adobe Inc.’s new pricing tiers for its Creative Cloud offerings,
Argus Research analyst sees Union Pacific's recent underperformance as a buying opportunity
From Yahoo Finance: 2025-05-19 16:22:00 Argus Research analyst Kristina Ruggeri sees Union Pacific Corp. (UNP) recent underperformance as a buying
AMD sells ZT Systems data center to Sanmina for $3 billion, strengthening U.S. manufacturing capabilities
From Yahoo Finance: 2025-05-19 15:58:00 Advanced Micro Devices, Inc. (NASDAQ:AMD) to sell ZT Systems’ U.S.-headquartered data center to Sanmina for
Paramount removes CBS News CEO Wendy McMahon after tensions with Shari Redstone
From CNBC: 2025-05-19 15:55:00 Wendy McMahon, President and Co-Head of CBS News and Stations, steps down after Paramount Global co-CEO
Morgan Stanley raises price target for The Progressive Corporation, citing strong demand and profit growth.
From Yahoo Finance: 2025-05-19 15:44:00 Morgan Stanley analyst Bob Huang increased The Progressive Corporation (PGR)’s price target to $330 per
USTA investing $800 million in US Open facilities, including Arthur Ashe Stadium and player performance center
From CNBC: 2025-05-19 15:30:00 The USTA announced an $800 million investment to revamp U.S. Open facilities, the largest in tournament
Morgan Stanley strategist sees buying opportunity after market dip post Moody's U.S. credit downgrade
From Yahoo Finance: 2025-05-19 15:26:00 Morgan Stanley’s top stock market strategist believes a stock market decline following Moody’s downgrade of
Wynn Resorts and Las Vegas Sands drop NYC bid due to competition and capital allocation
From CNBC: 2025-05-19 15:11:00 Wynn Resorts drops bid for New York casino license, citing better uses for capital. Las Vegas
Loop Capital upgrades Charter Communications (CHTR) stock to Buy with a PT of $510, citing growth potential post-merger
From Yahoo Finance: 2025-05-19 15:00:00 Loop Capital Markets upgraded Charter Communications, Inc. (NASDAQ: CHTR) stock to “Buy” with a new
NVIDIA and Microsoft collaborate to accelerate AI applications and boost performance
From NVIDIA: 2025-05-19 15:00:00 Agentic AI is revolutionizing scientific discovery with NVIDIA and Microsoft collaborating to accelerate AI applications. Microsoft
Novo Nordisk faces challenges in weight loss drug market as new CEO takes over
From CNBC: 2025-05-19 14:52:00 Novo Nordisk is facing challenges in the weight loss drug market as CEO Lars Fruergaard Jørgensen
Five Point Infrastructure is looking to sell Northwind Midstream for over $2 billion.
From Yahoo Finance: 2025-05-19 14:42:00 Private equity owner of Northwind Midstream is considering selling the Permian Basin gas infrastructure operator
Trump executive order speeds up deep sea mining permitting, highlighting $20 trillion opportunity in undersea metals
From Yahoo Finance: 2025-05-19 14:40:00 An executive order from the Trump administration to speed up deep sea mining permitting has
Mortgage rates rise to 7.04% after U.S. credit downgrade, impacting housing market
From CNBC: 2025-05-19 13:50:00 Mortgage rates spiked after Moody’s downgraded the U.S. credit rating, with the average rate on a
JPMorgan to offer clients option to buy bitcoin, but CEO Jamie Dimon remains skeptical
From Yahoo Finance: 2025-05-19 13:47:00 JPMorgan Chase clients can soon buy bitcoin, as announced by CEO Jamie Dimon at the
Millions of student loan borrowers see credit scores drop significantly, affecting ability to qualify
From Yahoo Finance: 2025-05-19 13:41:00 Millions of student loan borrowers faced significant declines in credit scores due to missed payments,
Netflix secures streaming rights for Sesame Street, develop video games for show.
From CNBC: 2025-05-19 13:41:00 Netflix has secured streaming rights to the next three seasons of “Sesame Street,” including a library
Capital One acquires Discover, increasing competition and potentially providing more products for customers.
From Yahoo Finance: 2025-05-19 13:22:00 Capital One acquired Discover Financial, making Capital One the sixth-largest US bank by assets. The
Climate change increasing risks for lenders, which may lead to higher borrowing costs for consumers
From CNBC: 2025-05-19 13:15:00 The increase in climate disasters is causing lenders to factor climate risk into credit scores, which
Bat VC is raising $100M for second fund focusing on AI in US and India
From Yahoo Finance: 2025-05-19 13:02:00 New York-based Bat VC is raising $100 million for its second fund to invest in
Market shifting towards pricing in greater risks; concerns over tariffs and upcoming earnings season
From Yahoo Finance: 2025-05-19 12:47:00 JPMorgan is holding its investor day today, sparking speculation about Jamie Dimon’s successor. Citigroup’s CEO
The Dow outperformed S&P 500 and Nasdaq in Q1 2021 with strong industrial and financial stocks
From Barron’s: 2025-05-19 12:38:00 The Dow Jones Industrial Average outperformed the S&P 500 and Nasdaq in the first quarter of