Michael Burry Bets Against AI: Tech Stocks Plunge
Legendary investor Michael Burry places massive short positions against AI stocks, triggering dramatic tech sector sell-off and raising questions about AI bubble.
Legendary investor Michael Burry places massive short positions against AI stocks, triggering dramatic tech sector sell-off and raising questions about AI bubble.
As artificial intelligence companies achieve staggering multi-billion dollar valuations, experts question whether this represents genuine innovation or dangerous market speculation that could reshape global economics.
The UK's Pizza Hut Restaurants business has entered administration, leaving behind £30m in debts and resulting in the immediate loss of 1100 jobs across 29 locations.
Discover how the latest wellness trend is transforming bubble tea into a fitness-friendly treat. We've taste-tested the top protein-packed boba drinks that deliver both flavour and function.
The Australian Taxation Office has paid debt recovery firm RecoveriesCorp over £42 million to chase unpaid taxes, raising serious questions about outsourcing public debt collection to private contractors.
The explosive growth of data centres worldwide is creating a massive £1.4 trillion debt bubble, driven by insatiable AI and cloud computing demands. Discover how this digital gold rush is reshaping global finance and raising alarm bells among investors.
Leading industry figures challenge concerns of an AI bubble, pointing to strong enterprise adoption and tangible productivity gains as evidence this technology revolution is built to last.
UK financial watchdog reveals serious concerns about conflicts of interest and unsustainable borrowing practices among wealth management consolidators, warning of potential consumer harm.
Ofgem investigation reveals energy suppliers are sitting on £240 million of customer credit from old accounts, with nearly two million households due refunds.
Millions of UK households are bracing for a double blow as energy bills are projected to rise by 5% while suppliers seek to recover nearly £500 million in customer debt through increased charges.
Exclusive investigation reveals how 'buy now, pay later' schemes are secretly damaging mortgage applications across the UK. Lenders are cracking down on invisible debt.
Millions of UK energy customers face a small bill increase as regulator Ofgem proposes clearing £3 billion in customer debt through a temporary charge, while also increasing support for vulnerable households.
As Microsoft, Alphabet and Meta report impressive quarterly results, growing investor anxiety about an artificial intelligence bubble threatens to dampen the celebration. Discover why Wall Street is getting nervous about the AI gold rush.