Michael Burry made a fortune by predicting the 2008 housing collapse and shorting subprime mortgage-backed securities. In an ironic twist, he is now betting on the resurrection of the stocks at the epicenter of that crisis: Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC). FMCC stock is moving. See the price action here.  For over a […]

Shares of Virgin Galactic Holdings, Inc. (NASDAQ:SPCE) are falling Tuesday. Here’s why the Richard Branson-founded aerospace tourism company’s stock is trending. Virgin Galactic stock is among today’s weakest performers. What’s pressuring SPCE stock? What To Know: Virgin Galactic, which has remained unprofitable every quarter since going public six years ago, announced a capital realignment plan on […]

U.S. stocks settled higher on Friday, with the Dow Jones index gaining over 100 points during the session supported by economic data that strengthened expectations of a Federal Reserve interest rate cut this week. Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track […]

Streaming giant Netflix Inc.’s (NASDAQ:NFLX) $82.7 billion merger with mass media conglomerate Warner Bros Discovery Inc. (NASDAQ:WBD) is drawing sharp criticism from antitrust advocates, such as Matt Stoller of the American Economic Liberties Project, a non-profit founded to combat monopolist corporations. The Merger Will Be ‘A Disaster For America’ In his newsletter on Sunday, Stoller […]

SoFi Technologies, Inc. (NASDAQ:SOFI) stock fell Friday after the company disclosed the pricing of its public offering of 54.5 million shares at $27.50 each. Details With this, the company plans to raise around $1.5 billion in gross proceeds before underwriting discounts, commissions, and other offering expenses. SoFi also granted underwriters a 30-day option to buy […]

Strategy (NASDAQ:MSTR) CEO Fong Lee is doubling down on the company’s long-term Bitcoin (CRYPTO: BTC) vision, clarifying its treasury tactics and why selling BTC remains the last resort. What Happened: Months after hinting on a podcast that Strategy might unload Bitcoin to fund dividends if its market net asset value ever dropped to parity, the […]

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. JP Morgan raised Cipher Mining Inc (NASDAQ:CIFR) price target from $12 to $18. JP Morgan analyst Reginald Smith upgraded the stock from Neutral to Overweight. […]

President Donald Trump‘s proposal to introduce 50-year mortgages could pose significant financial risks for both homeowners and lenders, according to Mark Zandi, the chief economist at Moody’s Analytics. Longer Terms, Higher Financial Risks In an interview with Newsweek, Zandi pointed out that borrowers opting for a five-decade loan would struggle to accumulate equity, with most payments in the initial decade going toward interest rather […]