Chinese tech giants Hygon and Sugon call off merger
Hygon and Sugon terminated their planned merger due to shifting market conditions and stakeholder disagreements, but they will deepen collaboration and pursue joint technology strengths.
Chinese internet stocks offer cheaper AI exposure and potential upside as China accelerates domestic AI models and investment, warranting selective, gradual investment.
Michael Burry of 'The Big Short' fame just went from bear to bull on stocks
Michael Burry shifted from bearish to bullish, replacing put options with call options and increasing long positions, signaling confidence in rising stocks and company turnarounds.