QUICK SPARK: Michael Burry Sells All Nvidia, Palantir December 2026-Dated Puts
Michael Burry exited his Nvidia and PLTR stock December 2026 puts, while trimming most other positions in an effort to reduce risk.
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Truist Securities Initiates Coverage On Nebius Group with Buy Rating, Announces Price Target of $355
Truist Securities analyst Arvind Ramnani initiates coverage on Nebius Group (NASDAQ:NBIS) with a Buy rating and announces Price Target of $355.
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Nebius says customers paid 15%–20% more for Nvidia Blackwell AI compute through an auction as demand continued to outstrip supply.
Why CoreWeave Stock Soared 12% Today
CoreWeave shares gained 12% today despite no company-specific news, benefiting from a broader rally in the AI infrastructure sector. The gains were driven by Nebius's partnership announcement with Palantir, Department of Commerce investments in quantum computing companies, and Intel's processor price increase announcement. CoreWeave remains a volatile, high-risk stock with rapid revenue growth but massive losses due to heavy capital expenditures and debt servicing.