The VanEck Semiconductor ETF (SMH), iShares Semiconductor ETF (SOXX), and Direxion Daily Semiconductor Bull 3X Shares (SOXL) saw the largest weekly inflows of any exchange-traded funds, marking a first for the semiconductor sector, according to Senior ETF analyst Eric Balchunas."The top 3 ETFs by w…
Byron Deeter, a partner at Bessemer Venture Partners, dismissed fears about Chinese artificial intelligence (AI) technology as “misplaced” on Monday, following the launch of Moonshot AI’s Kimi K3 model last week.During an interview with CNBC, Deeter said that the notion that corporate America will…
Michael Burry (Trades, Portfolio), the investor known for betting against the U.S. housing market before the 2008 financial crisis, has recommended bargain hunting in Hong Kong after the market trailed major Asian and semiconductor benchmarks during the global artificial intelligence rally. Burry…
Investor Michael Burry (Trades, Portfolio) disclosed a short position in Micron Technology NASDAQ:MU while increasing several existing long holdings.Burry said his Micron position reflects concerns that the recent rise in Micron shares may have been fueled by investor enthusiasm rather than underly…
Legendary Investor Michael Burry (Trades, Portfolio) intensified his criticism of artificial intelligence-related investments over the weekend, using social media posts to signal increasing concern about the sustainability of the current AI-driven market rally.Burry suggested that enthusiasm surrou…
By Nell MackenzieU.S. hedge funds sold tech hardware stocks for a fourth week in a row, according to a client note from Goldman Sachs NYSE:GS on Friday, in line with a recent decline in global chip shares and just before many of these companies will report earnings.Tech shares and especially semico…
Michael Burry (Trades, Portfolio) has reportedly opened a short position in Micron Technology NASDAQ:MU as the chip stock's powerful rally continues to draw investor attention. In a Substack post, The Big Short investor said he shorted Micron at $1,051.87 per share, arguing that the recent surge co…
The U.S. stock market wrapped up the first half of 2026 on a strong note.The Dow Jones advanced 8.9% during the first six months of the year, marking its best first-half performance since 2021, when it gained 12.7%. The S&P 500 rose 9.6%, while the Nasdaq outperformed with a gain of more than 12%.S…
Caterpillar NYSE:CAT shares pulled back nearly 7% Wednesday after Michael Burry (Trades, Portfolio) said he had opened his first short position in the industrial giant. The stock had just closed at an all-time high of $1,064.90, with Burry announcing a short position at $1,060.98. The move came aft…
Goldman Sachs on Thursday stated that Wall Street's appetite for “Magnificent 7” names has declined heading into the second half of the year.The bank believes investors are overlooking the blue-chip stock group in favor of beneficiaries of artificial intelligence, i.e., the semiconductor industry.G…
