Michael Burry dumps Alibaba for JD.com, says BABA would need to fall 50% (BABA:NYSE)

Robert Way Investor Michael Burry said he has swapped his Alibaba (BABA) holdings for a large position in rival Chinese e-commerce company JD.com (JD), citing concerns about Alibaba’s share issuance. “A few months back I flipped my BABA stock into a large Source link

The Speaker at Your College Graduation #shorts

By Jeff Altman, The Big Game Hunter Click here if the video does not play properly. The speaker at your college graduation, the one your school spent a lot of money to speak to you, told you lies about your immediate future. I Lowballed My Desired Salary! Is It OK…

Fed’s Kashkari not worried about rising US Treasury yields (US30Y:)

Jonathan Ernst As US bond yields continue to rise, Minneapolis Fed President Neel Kashkari stated that the upward move is unlikely to influence monetary policy discussions. “There’s every indication that the US Treasury market is functioning as it should, that trades are taking Source link

XRP on track for biggest weekly gain in 21 months as Treasury buyback spurs 'curve control' hopes

XRP’s price has surged by 50% this week, the best performance since November 2024. Here’s what’s driving the rally. Source link

Walmart launching clothing brand Scenario in bid to appeal to younger shoppers

Kevin Brine/iStock Editorial via Getty Images Walmart (WMT) this week will launch a new in-house women’s clothing brand in its stores, Scenario, designed to appeal to younger shoppers. Most Scenario pieces will cost less than $25, including jeans, blouses, and tops. They will be placed in Source link

Crypto card spending tops $1 billion as stablecoins move into everyday purchases

Tracked card volume more than tripled in a year, with USDC and USDT funding over 70% of spending as users increasingly paid for groceries, rides and subscriptions. Source link

Iran says it has discovered huge natural gas field

Evgeny Gromov/iStock via Getty Images Iran state media on Sunday said the country has discovered over 7.5 trillion cubic feet of natural gas in a field in Fars province in the southern part of the country. About 5.7 tcf of that amount can be recovered, Oil Source link