Investor Michael Burry cautions that the surge in AI investments echoes the dot-com bubble of 2000, citing high junk-bond debt and venture capital funding unprofitable companies. Major tech firms plan to spend $700 billion on AI this year, while private equity heavily backs startups like OpenAI. Burry highlights the risks of funding loss-making firms at unprecedented levels, suggesting a potential market correction ahead. His warning adds to ongoing debates about the sustainability of current AI market valuations.
Tesla shares fell more than 3% due to multiple challenges including a lawsuit over its Full Self-Driving claims, an unfavorable legal outcome for Elon Musk against OpenAI, and criticism over vehicle defect lawsuits. The company also raised Model Y pr...
Tesla's high valuation hinges on future autonomous robotaxi and humanoid robot sales, but recent earnings show declining vehicle deliveries, rising costs, and digital asset losses. Meanwhile, Symbotic, a warehouse automation company, demonstrates sol...
Tesla has been upgraded to a Buy rating due to its transformation into a physical AI company, with future growth expected from robotaxi services, full self-driving (FSD) technology, and the Optimus robot business. Despite current low EBIT margins and...
Tesla reported a strong Q1 2026 with $0.41 EPS beating expectations and revenue up 15.8%, driven by better margins and growth in software subscriptions. Meanwhile, BYD continues to dominate with record EV and PHEV sales in China, leveraging vertical ...
Bitget, the world's largest Universal Exchange, has introduced the UEX Jumpstart Program, offering a total prize pool of 430,000 USDT to encourage users to explore trading across crypto futures, precious metals, stocks, and CFDs. Running from May to ...
