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Michael Burry Eyes Short Position on SpaceX as Valuation Concerns Mount

He described the company as a "small space company" despite its outsized market footprint, suggesting its private valuation may outpace fundamentals. The investor’s comments reflect broader investor scrutiny of high-growth private firms. Burry’s hesitation stemmed from the high cost of put options in secondary …

Nitish Kishor | 17 June 2026

Mortgage Rates Poised for Gradual Decline Through 2030, Deloitte Forecast Shows

Treasury yield, which serves as a benchmark for long-term borrowing costs. Deloitte economists project the 10-year yield will gradually ease to 3.9% by the third quarter of 2027, reflecting expectations of Federal Reserve policy normalization. This decline would mark a shift from current levels, …

Nitish Kishor | 17 June 2026

Microsoft Corporation (NASDAQ: MSFT) Stock Falls as Azure Growth Disappoints Investors

Microsoft's Azure cloud business has been a key driver of the company's revenue growth, but the recent slowdown in growth has raised concerns among investors. The cloud computing sector is highly competitive, with companies investing heavily in research and development to stay ahead, with …

Nitish Kishor | 17 June 2026

Oracle (NYSE: ORCL) Drops in Q1 as Hyperscale Growth Concerns Weigh on Stock

Oracle (NYSE: ORCL) faced investor skepticism in Q1 2026 despite a $500 billion hyperscale backlog. Market concerns centered on the company’s ability to finance its ambitious infrastructure buildout, which weighed on the stock. Shares fell 11.05% over the past year, underperforming broader tech benchmarks.

Nitish Kishor | 17 June 2026

Midstream Energy Stocks Resilient as Oil Futures Signal $70 Floor for 2025 Drilling

The U.S. Benchmark for next year remains above $70 per barrel, a level that typically supports sustained drilling activity. This forward curve provides more reliable guidance for pipeline and storage operators than daily price movements.

Nitish Kishor | 17 June 2026

FUTY Rolls Out June Utilities Dashboard, Hinting at a New Strategic Direction for the Industry

FUTY announced the release of a new utilities dashboard for June, intended to provide a consolidated view of operational data from its generation, transmission and distribution assets. The platform is built to deliver real‑time metrics that support internal decision‑making and external reporting. Company executives …

Nitish Kishor | 17 June 2026

G7 Summit Spotlights AI Governance as OpenAI and Google Engage with World Leaders

The G7 summit has become a platform for addressing artificial intelligence, with companies like OpenAI and Google joining policymakers to discuss the technology’s future. The participation of these firms underscores the growing significance of AI in global policy debates. Conversations are expected to cover …

Nitish Kishor | 17 June 2026

Hyperliquid Perpetual Futures Open Interest Hits $10 Billion on Equity, Commodity Expansion

The figure cements its status as a major player in crypto derivatives, now ranking among the top three exchanges by open interest. While crypto assets remain the foundation, the platform’s expansion into traditional markets is accelerating. Daily trading volume in these builder-deployed contracts approaches …

Nitish Kishor | 17 June 2026

Kratos Defense (NASDAQ: KTOS) Shares Climb on Autonomous Truck Breakthrough

The test involved a self-driving semi-truck navigating highways without human intervention, a first for the company’s logistics division. The deployment targeted a high-visibility event, reinforcing the technology’s reliability in real-world conditions. Autonomous trucks could reduce operational costs and improve supply chain efficiency for military …

Nitish Kishor | 17 June 2026

Howmet Aerospace (NYSE: HWM) Raises 2026 Outlook After 19% Revenue Surge

Revenue climbed 19% to $2.31 billion, supported by broad-based demand across aerospace and industrial end markets. The company’s adjusted EBITDA margin reached 32.0%, a 320-basis-point improvement, reflecting operational efficiency gains.

Nitish Kishor | 17 June 2026
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