3+ week, 12+ hour ago   (279+ words) Michael Burry criticized Alibaba Group Holding Ltd. shares as overvalued and disclosed that he recently exited his position in the Chinese tech giant in order to build a “large” position in rival online retailer JD.com Inc. “I planned to…...

3+ week, 12+ hour ago   (198+ words) Some of Nvidia’s largest customers have been told prices of servers containing its AI chips will rise by more than 15% in many cases with memory chip costs soaring, Bloomberg News reported on Saturday. The price hikes will go into effect…...

3+ week, 16+ hour ago   (327+ words) Earlier this week, Bloomberg reported that pending home sales in the US had dropped to their lowest level in three years. That coincided with a sharp drop in construction of new homes, which plummeted to the lowest level in over…...

3+ week, 18+ hour ago   (390+ words) Carter’s Junk Away bills as much as $15,000 a month in peak season, Grandbois said. His W-2 employees are his high school friends, but he admits that he wasn’t able to scale up and reach profitability until he created a pricing…...

3+ week, 19+ hour ago   (395+ words) Earlier this week, the European Central Bank issued a dire warning, warning that a “market correction” following years of AI hype and massive spending could be nigh — a crash that could have enormous international consequences. It joined a growing chorus…...

3+ week, 19+ hour ago   (241+ words) Behind the glitz of multimillion-dollar funding rounds that define today’s unicorns are often years of founder sacrifices and barely-there paychecks. Kirill Bigai, the cofounder and CEO of online education marketplace Preply, paid himself virtually nothing for an entire year while…...

3+ week, 1+ day ago   (691+ words) The discounts, promotions and offers you receive from businesses from Starbucks to Kroger to Target to Home Depot are all too often targeted calculations about what to charge you, built from data including your location, browsing history and social media…...

3+ week, 1+ day ago   (191+ words) Some of Nvidia Corp.’s biggest customers have been told that the prices of servers containing its artificial intelligence chips are going up more than 15% in many cases with memory chip costs soaring. Companies who build the servers under contract…...

3+ week, 1+ day ago   (688+ words) The enormous mountain of debt hanging over the economy has overshadowed the AI boom as the center of attention on Wall Street. For years—decades even—the spiraling trajectory of U.S. debt fueled dire warnings, which investors consistently brushed…...

3+ week, 1+ day ago   (764+ words) For roughly 76 million American households, federal income taxes could eventually disappear—if a proposal by billionaire Amazon founder Jeff Bezos ever becomes reality. The Blue Origin owner argued the bottom half of U.S. earners should pay no income tax, saying…...