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The S&P 500 reversed its earlier losses and turned positive.
2026-07-01
The S&P 500 reversed its earlier losses and turned positive.
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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.
2026-07-01
U.S. Trade Representative Greer stated that the U.S.-Mexico-Canada Agreement (USMCA) is moving towards "rolling negotiations" and has not yet been renewed; there are still "substantial" issues to be resolved within the USMCA. The key to the negotiati
U.S. Trade Representative Greer stated that the U.S.-Mexico-Canada Agreement (USMCA) is moving towards "rolling negotiations" and has not yet been renewed; there are still "substantial" issues to be resolved within the USMCA. The key to the negotiations is addressing the U.S. trade deficit.
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