$MSFT this month:
Michael Burry: openly bullish and grabbing call options.
Rep. Gottheimer: snapped up options worth up to $1.5M.
Rep. Cisneros: bought shares up to $100k.
What's the inside scoop? 👀
Could this be Burry's latest bet? 🔍
He deleted a post yesterday saying he switched from $BABA to more $JD. Also grabbed $MSFT Dec 2028 LEAPs in the low 700s.
Looking at open interest and yesterday's volume... 705 strike calls saw 386 contracts traded plus 513 more today.
Pretty long, but here's my take on today's market chaos...
MU crushed earnings, so AI stocks should've popped. But then AAPL and Microsoft raised prices, blaming memory costs.
Market tanked everywhere except memory stocks. Analysts now say don't own the big tech companies
Supreme Court just slammed the brakes on thousands of Roundup lawsuits. 7-2 ruling says the maker can’t be sued for not warning about cancer risks since the EPA doesn’t require a cancer label. Basically, if you got sick, state law claims are out the window now.
🇺🇸 VP JD Vance on Iran talks:
- Made solid strides, the strait stays open
- We put a system in place to keep Hormuz flowing
- Iran said yes to letting IAEA inspectors return