Burry's $2.3bn AI short threatens Australian pensions
Investor Michael Burry places massive $2.3bn bet against AI giants. Experts warn Australia's $4.3trillion superannuation system faces catastrophic exposure. Discover the risks.
Category : Markets
US Markets Struggle as Tech Stocks Face Pressure
US markets faced significant pressure as technology stocks led declines. Discover what drove the sell-off and what it means for investors moving forward.
Wall Street Selloff: VIX Jumps 30% as Markets Plunge
US markets experienced significant turbulence as the VIX fear gauge surged 30% amid a major stock selloff. Discover what triggered the volatility and what it means for investors.
IRS raises 401(k) limits to $24,500 for 2026
Millions can save more for retirement as the IRS increases 401(k) and IRA contribution limits for 2026. Discover how the new thresholds impact your financial future.
Asian shares mixed after US shutdown ends, AI stocks wobble
Asian markets showed mixed performance as the US government shutdown ended after 43 days. Investors monitor AI stock volatility and strong Australian jobs data. Discover the latest market movements.
Polestar Fights Nasdaq Delisting with Reverse Stock Split
Swedish EV maker Polestar plans a reverse stock split to avoid Nasdaq delisting as its shares plummet to $0.22. Discover the challenges facing the electric car sector.
Mega Millions jackpot nears £760m after record run
The Mega Millions lottery jackpot soars to nearly $1 billion after months without a winner, creating one of the largest prizes in history. Will Friday's draw break the streak?
Titanic gold pocket watch sells for £1 million
A gold pocket watch recovered from Titanic victim Isidor Straus is set to sell for £1 million. The timepiece stopped at 2.20am as the ship sank. Discover this poignant piece of history.
Missouri's $3.88bn Sports Betting Projection
Missouri's legal sports betting market, launching 1st December, is projected to generate a massive $3.88bn handle in its first year. Discover the key figures and driving forces behind this economic surge.
£5.7m found in £380 storage locker auction win
A lucky bidder discovered millions in cash after buying a storage unit for just £380. Read how this modern treasure hunt unfolded and what happened next.
Trump Hosts Business Leaders at White House Dinner
Donald Trump hosts a private White House dinner with top executives from JPMorgan and Nasdaq to strengthen US capital markets and supply chains. Discover the strategic implications.
FTSE 100 Hits Record High on US Shutdown Optimism
The FTSE 100 surged to a new all-time peak, closing at 9,787.15, driven by growing optimism that the US government shutdown could end this week. Discover the market movers and expert analysis.
IAG Shares Jump on Record Profits and €400M Buyback
International Airlines Group sees massive profit surge as travel demand rebounds, with plans to return €400 million to shareholders through share buyback programme.
NS&I Slashes Premium Bond Prize Fund Rate
NS&I has announced significant changes to Premium Bonds, reducing the prize fund rate from 1.00% to 0.95% starting in June 2024. Discover how this affects your chances of winning and what experts recommend for savers.
ITV Shares Surge 35% on Comcast Takeover Talks
Broadcasting giant ITV sees stock surge 35% as US media titan Comcast enters exclusive talks to acquire its production and streaming divisions in landmark deal.
IAG Soars to Record £3.4bn Profit Amid Travel Boom
British Airways parent company International Airlines Group reports staggering £3.4 billion profit amid booming passenger numbers, with CEO Luis Gallego declaring 'a very strong recovery' across all airlines.
ITV in talks to sell broadcasting arm to Sky
Exclusive: ITV considers historic sale of broadcasting division to Sky as Bank of England holds interest rates steady amid market uncertainty.
Wall Street Plummets as Trump Tariff Fears Hit Tech Stocks
US markets experienced significant volatility as former President Donald Trump's proposed tariff plans sparked a massive sell-off in technology shares, with AI giant Nvidia leading the declines amid renewed China trade tensions.
China Targets UK as Gateway for European EV Domination
Chinese EV manufacturers are aggressively targeting European markets, with Britain serving as a strategic entry point amid growing trade tensions and competitive pressures on domestic automakers.
Tesla shareholders approve Musk's £44bn pay package
Tesla shareholders have overwhelmingly approved Elon Musk's controversial $56 billion compensation package, ending months of legal battles and corporate uncertainty.
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