Earning $100 Million This Year! It Pays More to Be a Top Influencer Than a Big Short

Michael Burry’s paid newsletter, “Cassandra Unchained,” has surpassed 300,000 subscribers in its first 231 days. Based on an annual subscription fee of $379, this implies a theoretical annual revenue of approximately $113.7 million. Meanwhile, the AI and semiconductor stocks he has shorted, including NVIDIA, Micron, and AMAT, have surged significantly this year, with Micron’s year-to-date gains reaching 697%, placing considerable pressure on his short positions.

wallstreetcn08:23

Top 20 by Trading Volume | SpaceX surges 10% with launch of new flagship product, Grok 4.6; Cloud computing leaders soar post-earnings: NEBIUS jumps 34%, CoreWeave rises over 19%; Google officially releases the Pixel 11 series

Micron Technology ranked first in U.S. equity trading volume on Tuesday, closing up 4.92% with a turnover of $32.999 billion. According to a statement released by Netlist on Wednesday, Micron Technology is facing new legal actions from the U.S. International Trade Commission and the U.S. District Court for the Central District of California, alleging patent infringement against Netlist.

Futu News06:47

U.S. Stock Market Close | Mild CPI Eases Rate-Hike Pressure as S&P 500 Approaches Record High; Memory Chips, Optical Communications, and Cloud Computing Surge: SK Hynix Up Over 9%, Lumentum Up Over 13%, NEBIUS Soars 34%; Gold Maintains Strong Momentum

The three major U.S. stock indices closed mixed, with the Dow Jones Industrial Average falling 0.04%, the S&P 500 rising 0.26%, and the Nasdaq Composite gaining 0.54%. Home Depot dropped more than 3%, and Microsoft fell over 2%, leading the decline in the Dow. Lumentum surged more than 13%. The yield on the 2-year Treasury note declined by 1 basis point to 4.20%, while the 30-year yield edged up 1 basis point to 5.25%, as the term premium continued to climb.

wallstreetcn06:21

Nelson Peltz's Trian Ups GE HealthCare, Wendy's Stake

Seeking Alpha05:35

3 Things to Look Out for on Thursday

Seeking Alpha04:13

Tesla, Palantir Fall as CPI Sends September Fed Hike Odds to 33%

Tesla Inc. (NASDAQ:TSLA) and Palantir Technologies Inc. (NASDAQ:PLTR) fell Wednesday even as a benign July inflation report lifted the broader tech market and sent the odds of a September Federal

Benzinga03:33