Michael Burry’s Latest Warning: Is Big Tech Playing Accounting Games with AI?
Remember Michael Burry? The guy who saw the 2008 housing crash coming from a mile away while everyone else was still doing the Macarena at mortgage parties? Well, he's back with another "uh oh" moment, and this time he's got his sights set on the AI boom.
Here's the deal: Burry thinks Big Tech is pulling some creative accounting shenanigans that would make even a Hollywood producer blush. His beef? These companies are basically saying their shiny new AI servers will ...
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Gold’s Having a Moment (And Most People Are Missing It)
So here's something weird that happened yesterday that most people completely missed: gold barely budged (down 0.44%), but the biggest gold ETF – GLD – absolutely face-planted, dropping 2.1%.
That's like your Uber driver showing up on time while your Uber app crashes. Same destination, totally different experience.
What's Actually Going On Here?
Think of GLD as gold's digital twin – it's supposed to mirror the shiny metal's moves. But yesterday, they had a serious relationship breakdown. When this happens, it's usually because ...
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MARA Holdings Just Got Crypto-Wrecked: Time to Buy the Dip or Run for the Hills?
So MARA Holdings (MARA) just face-planted harder than someone trying to explain NFTs at Thanksgiving dinner. And honestly? It's not even their fault this time.
Here's the deal: MARA actually crushed their Q3 earnings like they were trying to impress their ex. They posted 27 cents per share versus the expected 3 cents (that's not a typo), and revenue hit $252.41 million when analysts were expecting $251.71 million. In normal stock world, this would trigger champagne and confetti. In crypto world? ...
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Tech Stocks Are Having a Very Bad Time (And the Fed Isn’t Helping)
Well, well, well. Remember when tech stocks were the golden children of Wall Street? Those days feel like a distant memory as we watch some of the market's biggest darlings get absolutely demolished for the second day running.
Here's what's happening: The Federal Reserve officials have been dropping not-so-subtle hints that maybe, just maybe, they're not as eager to cut interest rates in December as everyone hoped. And tech stocks? They're throwing the financial equivalent of a tantrum.
The Damage Report
Friday's carnage ...
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When Good Earnings Go Bad: Circle’s Stock Takes a 10% Nosedive Despite Crushing Q3
You know that friend who aces every test but still gets grounded because their parents found out about the pizza party? That's basically what happened to Circle (NYSE: CRCL) this week.
The stablecoin company—think of them as the people who make digital dollars that actually stay worth a dollar—just dropped their Q3 earnings report. And by "dropped," I mean they absolutely crushed it. We're talking $740 million in revenue (up 66% from last year), earnings of $0.64 per share when Wall ...
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Michael Burry’s Back with Another ‘Big Short’ Warning – This Time It’s AI’s Turn
Remember Michael Burry? The guy who basically called "YOLO" on shorting the housing market in 2008 and made bank while everyone else was crying into their foreclosure notices? Well, he's back with another hot take, and this time he's got his sights set on the AI boom.
Burry's latest theory? All those shiny AI earnings that have been making tech stocks go brrrr might be about as real as a three-dollar bill. He's claiming Big Tech is pulling some classic accounting ...
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Michael Burry Just Called Out Big Tech’s Accounting Magic Trick (And It’s Not Pretty)
Remember Michael Burry? The guy who saw the 2008 housing crash coming while everyone else was sipping champagne? Well, he's back with another "uh oh" moment, and this time he's got his sights set on the AI boom that's been making everyone rich (on paper, anyway).
Here's the tea: Burry thinks Big Tech is basically playing accounting Jenga with their AI hardware, and when it falls, it's gonna hurt.
The $176 Billion Oopsie
So what's the deal? Companies like Meta, Oracle, and the ...
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Fusion Power: Finally Not 30 Years Away (And How to Actually Profit From It)
Remember when nuclear fusion was always "30 years away"? Well, plot twist: it might actually be here in the next decade. And no, I'm not talking about some sci-fi fever dream—I'm talking about real money being made right now.
Here's the deal: In December 2022, scientists in California fired 192 lasers at a tiny gold capsule and achieved something that would make your high school physics teacher weep with joy—they got more energy out than they put in. It was fusion ...
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