Michael Burry Says Big Tech Is 'Spending Wildly' on AI Because CEOs Expect to Be 'Granted an Oligopoly' That Can't Fall
Michael Burry said Big Tech's AI spending spree is driven by an expectation of an oligopoly too large to fail.
Stocks · News reference
AT&T, Global Infrastructure Partners, Canada Pension Investment Board Agree To Create New U.S. Fiber JV
AT&T Inc. (NYSE:T) affiliates and affiliates of Global Infrastructure Partners ("GIP"), a part of BlackRock, and Canada Pension Plan Investment Board ("CPP Investments") have agreed to form a new
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
JP Morgan Maintains Overweight on BlackRock, Raises Price Target to $1435
JP Morgan analyst Michael Cho maintains BlackRock (NYSE:BLK) with a Overweight and raises the price target from $1364 to $1435.
Turning Savings into Security: Canadians Feel on Track for Retirement, But Worry About What Comes Next
BlackRock's first Canada Read on Retirement report reveals that while 61% of Canadian workplace plan participants feel on track for retirement savings, significant concerns persist about retirement security. Key findings show 68% worry about outliving savings, 72% may reduce contributions, and 90% want better lifetime financial smoothing. The report highlights a gap between savings confidence and retirement security, pointing to opportunities for improved plan design, investment strategies, and retirement guidance tools.
'Diversification is Dying' — Nvidia, Apple Lead 10 Stocks Taking 41 Cents Of Every Dollar Invested In S&P 500, Says This Commentator
Ten stocks now command roughly 41 cents of every dollar in the S&P 500, nearly twice the 23 cents shared by its 402 smallest companies.
Nvidia, Apple, Microsoft Now Drive 21% of S&P 500: Here’s How Much ETF Investors Own
The S&P 500 is increasingly dominated by Nvidia, Apple and Microsoft. Here’s how much exposure SPY, VOO, QQQ and RSP offer to the mega-cap trio.
Scotiabank Maintains Sector Perform on AT&T, Lowers Price Target to $27.5
Scotiabank analyst Maher Yaghi maintains AT&T (NYSE:T) with a Sector Perform and lowers the price target from $29.25 to $27.5.