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21:15
Nike CEO Elliott Hill pointed out that the company is experiencing additional pressure from global foot traffic and discretionary spending.
This statement was made during a recent company conference call, highlighting the widespread impact of the current macroeconomic environment on consumer behavior. Hill emphasized that these challenges are not limited to a single market but display universal characteristics across regions, presenting new tests for the company's operations.
21:15
Invitation Homes Operating Partnership Lp has filed documents with regulators, planning to issue senior notes with a total amount of up to $500 million.
The annual interest rate of the note is set at 4.950% and it is expected to mature in 2032. This issuance aims to raise long-term funds for the company.
21:08
“Big Short” Michael Burry takes short positions on AI and chip sectors
```htmlGolden Ten Data reported on July 1 that Michael Burry, the real-life inspiration for the movie "The Big Short," has revealed a new round of bearish bets, establishing short positions centered on the artificial intelligence and semiconductor sectors. He stated that he has shorted Tesla (TSLA.O) when the stock price was around $416.22, calling this part of his judgment on the "AI bubble." Additionally, he has established short positions in NVIDIA (NVDA.O), Caterpillar, Applied Materials, as well as semiconductor ETFs. Burry wrote that these trades are part of his overall hedging against overheated AI and semiconductor valuations, though he did not disclose specific sizes, only saying he entered the Tesla short after its rebound. There is clear market disagreement over these moves, and related tech stocks generally continued to rise during intraday trading.```
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