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Michael Burry’s $1.1 Billion Bet Against Nvidia and Palantir Rattles AI Stocks

The quarterly filing revealing massive puts amplified AI valuation fears, prompting a public rebuke from Palantir’s Alex Karp.

Apple, Amazon Lift Futures as Fed Caution and AI Spending Jitters Keep Volatility Elevated

Gold Retreats From Records After Biggest Drop in Years

OPEC+ Starts Unwinding 2023 Cuts With Modest October Hike as Oil Steadies

Long Bond Yields Test 5% as Gold Sets Record and Global Stocks Retreat

Nvidia’s Blowout Quarter Meets Cautious Guidance as China Sales Stay Shut

July CPI Holds at 2.7% as Core Inflation and Tariff Pressures Rise

US Launches 10%–50% Reciprocal Tariffs, Doubles India Duty to 50%

Fed Holds Rates Steady at 4.25%–4.50% With First Double Dissent in 30 Years

US and EU Strike Preliminary Trade Deal Setting 15% Tariffs

Trump Sets 30% Tariffs on EU and Mexico as Brussels Delays Retaliation

S&P 500 and Nasdaq Hit All-Time Highs as Traders Brace for Tariff Deadline

Oil Returns to Fundamentals as Geopolitical Risk Premium Evaporates

US and China Seek Breakthrough on Rare Earths in London Trade Talks