Market Brief
Michael Burry Warns AI IPO Boom Could Rival Dot-Com Bubble
Michael Burry warned upcoming AI-related IPOs could rival the scale of the dot-com era fundraising boom.
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Michael Burry warned upcoming AI-related IPOs could rival the scale of the dot-com era fundraising boom.
Nebius shares rose 10% after Situational Awareness disclosed a 5.6% stake in a new 13F filing.
Taiwan’s stock market surpassed a $5 trillion valuation as TSMC and AI-driven chip stocks rallied to record highs.
Enhanced Games shares plunged after the company’s first steroid-permitted sports event failed to meet expectations.
Ferrari shares dropped 7.57% after the company introduced its first fully electric vehicle to global markets.
Italy’s FTSE MIB reached a record high for the first time since 2000 as energy and technology stocks rallied.
Zoom shares remain down more than 88% from pandemic highs after the remote-work boom rapidly faded.
Japan’s stock market climbed 3.5% to a record high as optimism grew around a possible U.S.-Iran peace agreement.
SpaceX filed for an IPO under ticker SPCX in one of the most closely watched public listings in years.
Nvidia added more than $900 billion in market value in seven days as AI-driven investor demand accelerated.
South Korea’s Kospi fell 6% as investors sold AI-related technology stocks after the index briefly crossed 8,000.
The S&P 500 and Nasdaq 100 hit record highs while the Dow Jones Industrial Average climbed above 50,000.