Michael Burry Bets Against Micron Despite Stock Trading at 5.4 Times Expected Earnings
Michael Burry is betting against Micron, even though the stock trades at a low multiple of expected earnings. According to…
Stock News
Latest stock market news — earnings reports, S&P 500, Nasdaq, major tech stocks and global equities. Expert analysis updated throughout the trading day.
Penske Automotive to Go Private in $16.3 Billion Deal With Penske Corp and Mitsui
Penske Automotive Group agreed to be taken private by Penske Corporation and Mitsui & Co. in a cash deal valuing…
Memory chip stocks slide as China competition and 2029 oversupply fears weigh
Memory chip stocks fell sharply this week amid broader equity market turmoil. Investors are weighing Chinese competition from CXMT and…
Dell Shares Fall 11.4% After Barclays Downgrade on AI Spending Concerns
Dell shares fell after Barclays downgraded the stock over concerns about enterprise AI spending. The company's recent results still show…
ASML Says Customers Want 2029 and 2030 Orders, Easing AI Spending Fears
ASML said customers are already looking to place orders for 2029 and 2030, easing concerns that the AI investment boom…
