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ECB Governing Council member Dorenz: The situation could change rapidly before the next meeting.

2026-07-01

ECB Governing Council member Dorenz: The situation could change rapidly before the next meeting.

Other News
2026-07-01

Glenmede strategists Jason Pride and Michael Reynolds expect US June unemployment to remain at 4.3% and nonfarm payrolls to rise about 87k, down from May’s 172k. They say that, despite the slowdown, the labor market remains resilient amid low hiring

Glenmede strategists Jason Pride and Michael Reynolds expect US June unemployment to remain at 4.3% and nonfarm payrolls to rise about 87k, down from May’s 172k. They say that, despite the slowdown, the labor market remains resilient amid low hiring and low layoffs. The pair note the Fed’s focus has shifted toward inflation, so the timing of any policy easing will depend more on inflationary pressure than on employment growth.
2026-07-01

Michael Burry, the "Big Short" investor, disclosed new short bets against AI and semiconductor sectors, saying he has shorted Tesla at about $416.22 and holds short positions in NVIDIA (NVDA.O), Caterpillar, Applied Materials and a semiconductor ETF.

Michael Burry, the "Big Short" investor, disclosed new short bets against AI and semiconductor sectors, saying he has shorted Tesla at about $416.22 and holds short positions in NVIDIA (NVDA.O), Caterpillar, Applied Materials and a semiconductor ETF. He said the trades form part of an overall hedge against overheating valuations in AI and semiconductors, but did not disclose position sizes and said he entered the Tesla short after a rebound. Related technology stocks largely traded higher intraday.
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