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Michael Burry, the famous investor known for predicting the US housing market crash in 2008, recently increased his bets on Chinese companies like Alibaba and JD.com. Other investors are taking note of his moves as they navigate the complex Chinese market. [[2]]
Amazon's cloud business, Amazon Web Services (AWS), will reportedly invest over $12 billion in India by 2030. This move comes as AWS aims to expand its operations in the world's fastest-growing cloud market. With this significant investment, AWS aims to support Indian businesses in their digital transformation journeys. [1]
Policymakers have a potential fix for the looming Social Security funds depletion, but it comes at a price. With the trust funds set to run out by 2033, implementing changes now could safeguard future benefits [[2]].
Carl Icahn's Icahn Enterprises (IEP) stock stumbled as Hindenburg Research unveiled a new short position, sending the shares into a downward spiral [[3]]. The billionaire's empire faces stormy weather ahead, with investors bracing impact amid turbulence in the market.
Bitcoin and Ether face a downturn, reaching monthly lows, while Polygon leads the pack in losses[[1]]. Meanwhile, U.S. equity futures rise as inflation cools off[[2]]. Will the crypto market rebound?
Discover the top 5 biotech stocks dominating the market right now. Unravel their secrets to success and explore what sets them apart from the rest. Dive into the world of Catalyst Pharmaceuticals, Vertex Pharmaceuticals, Amphastar Pharmaceuticals, Genelux, and Genmab - the industry's cream of the crop. Stay ahead of the game with these exceptional performers[1].
Explore the financial quandary of paying off a mortgage at 2.375% versus investing in 4% CDs, and how it may impact retirement plans in 7 years. Discover insights and advice from experts! [3]
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Disney stock recently faced a sharp tumble after the company failed to meet subscriber estimates, resulting in a 9% decline[3]. Analysts suggest this could be an opportunity to buy on weakness as the streaming giant aims to cut $5.5 billion in costs[3].
Adidas takes a step towards charity by announcing the sale of their $1 billion Yeezy sneaker inventory, committing to donate portions of the proceeds to worthy causes. Let the kicks do the talking! [2]