Markets were on edge this week as a steady stream of negative headlines around the artificial intelligence trade stoked fears of a bubble. Famed short-seller Michael Burry cast doubt on the sustainability of AI earnings. Concerns around the levels of debt funding AI infrastructure buildouts grew louder. And once high-flyers like CoreWeave tanked on disappointing guidance. CNBC’s Deirdre Bosa asked those at…
In a bid to stabilize the stock market, China’s financial regulators are contemplating implementing specific cooling measures, according to a recent Bloomberg News report. Among these potential strategies is the removal of certain restrictions on short selling. Sourced from individuals familiar with the situation, the report highlights Beijing’s ongoing attempts to maintain market stability…
Tesla’s Senior Vice President, Xiaotong Zhu (also known as Tom Zhu), has sold more than 82% of his Tesla holdings. The stock sales occurred between 2023 and 2024 at prices ranging from $174 to $323 per share, according to securities filings. This major sale by a top executive has raised questions about insider confidence in…