Historic Yen Rally Sparks Biggest One-Day Currency Move in Months
The Japanese yen erased roughly three months of losses against the U.S. dollar in a historic rally that fueled speculation of large-scale government intervention.
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The Japanese yen erased roughly three months of losses against the U.S. dollar in a historic rally that fueled speculation of large-scale government intervention.
NVIDIA has fallen 18.5% from its record high, wiping out nearly $1 trillion in market value as investors reassess AI spending and semiconductor valuations.
SK Hynix shares fell 16% in Seoul, marking a record one-day decline just days after the company's historic Nasdaq IPO.
SpaceX has lost more than $1.05 trillion in market value over the past 22 days as shares fell 36% from their recent peak.
Brent crude rose above $77 after President Trump said the memorandum of understanding with Iran was effectively over, lifting oil prices and pressuring U.S. stocks.
Bitcoin fell below $62,000 after Strategy sold 3,588 BTC worth about $216 million to help fund a dividend payment.
Michael Burry has expanded his bearish AI bets, arguing that semiconductor valuations and AI expectations resemble the dot-com bubble.
Michael Burry disclosed new bearish positions against Caterpillar, Tesla, NVIDIA, and Applied Materials as he continues betting against parts of the U.S. equity market.
Oil prices dropped below $68 per barrel after Qatar reported progress in indirect Iran-U.S. talks, extending crude's decline to 43% from its recent peak.
SpaceX lost $178 billion in market value after shares fell nearly 10%, bringing total losses from the recent peak to about $895 billion.
Ark Invest purchased 45,728 shares of SpaceX, adding to its exposure to one of the world's fastest-growing technology companies.
Michael Burry exited his short position in Palantir and opened a long-term bullish position in Microsoft through December 2028 call options.