The blue-chip Schwab US Dividend Equity ETF (SCHD) has had a tough year as investors dumped value stocks for high-flying technology companies like Nvidia, Palantir, and Micron. The SCHD ETF has had a total return of just 4.68%, while the S&P 500 and Nasdaq 100 indices have jumped by 22% and 17%, respectively. This article
Michael Burry, the investor famed for predicting the 2008 housing market collapse, has taken a fresh short position against Tesla Inc., arguing that the electric-vehicle maker’s valuation has reached unsustainable levels. According to a report from Fortune, which cited a post on his Substack newsletter, Burry described Tesla shares as “ridiculously overvalued” and warned that
Recent research from the Anthropic Fellows program is drawing attention to a shift in how decentralised finance systems may be targeted in the future. The findings show that frontier AI agents are no longer limited to spotting basic coding issues. They can now perform deeper reasoning, build transaction sequences, and create complete exploit scripts on
Synopsys Inc (NASDAQ: SNPS) pushed higher on December 1st as the artificial intelligence (AI) giant, Nvidia (NASDAQ: NVDA), revealed a $2 billion stake in the design automation company. Nvidia’s chief executive Jensen Huang dubbed the deal a “huge deal” in a CNBC interview today, calling SNPS a foundational partner in semiconductor innovation. However, beneath the
Prada has closed its long-awaited takeover of Versace, completing a deal that has been in motion for years and marking one of the most significant shifts in Italy’s luxury sector in recent times. As per a Reuters report, the group finalised the acquisition after signing a definitive agreement in April to buy the brand from
Carvana (NYSE: CVNA) is in focus on Monday morning after famed investor Jim Cramer dubbed it “one of his favourite companies” heading into 2026. In a recent segment of CNBC, the former hedge fund manager said part of the reason why Carmax has massively underperformed this year is that “CVNA has a better business model.”
MongoDB shares surged on Tuesday after the document database company sharply raised its full-year earnings forecast and posted stronger-than-expected third-quarter results. The stock jumped 23% to $404.81 in premarket trading, extending a rally that has already made it one of the standout performers of 2025. The company now expects adjusted earnings of $4.76 to $4.80
Sam Altman just sounded the alarm. In an internal memo circulated Monday, OpenAI’s CEO declared a “code red,” the company’s highest urgency designation, ordering employees to drop everything and fix ChatGPT. The memo’s details were initially revealed by The Information. The development came as Google’s Gemini 3 surged past OpenAI on key benchmarks last month,
The recent decision to pause production increases by the Organisation of the Petroleum Exporting Countries and allies highlighted the complex situation the cartel finds itself in. OPEC’s desire to regain market share has to take a backseat as the cartel and its allies navigate a tricky phase, where stabilising oil prices has become more important.
Credo Technology reported a stronger-than-expected second quarter, swinging to a profit as revenue more than tripled on the back of accelerating investment in artificial intelligence training and inference systems. The provider of high-speed connectivity solutions for data centers said demand for scale, density, and power efficiency in next-generation AI systems continues to rise rapidly. Shares