News Archive

Every report the desk has filed, searchable by full text, topic, format, symbol and date range.

Alibaba Shares Slide as Burry Exits Stake and $10.2 Billion Share Sale Lands

Michael Burry's Scion Asset Management dropped Alibaba for JD.com just as Alibaba priced a massive stock placement to fund AI spending.

Alibaba shares fell in Hong Kong after Michael Burry disclosed he had exited his Alibaba stake in favor of JD.com, compounding pressure from a $10.2 billion share placement the company launched to fund AI investment.

BREAKING STORYBEARISH

Six ASX earnings beats, six share price falls — investors are pricing in margin pressure, not revenue

Kogan hit $1 billion in sales and still dropped 15%; Bendigo, Navigator and Aussie Broadband posted growth and fell anyway.

Kogan.com crossed $1 billion in annual sales for FY26 and its stock fell 15% the same day, the sharpest example of an Australian earnings season where record headline numbers are being punished rather than rewarded.

SPECIAL REPORTBEARISH

Memory Chip Rally in Micron, SanDisk, SK Hynix Echoes Past Boom-Bust Cycles

Two separate analyses of the memory sector's run-up reach the same historical conclusion: these cycles have always ended, even as commentators argue this one may be different.

Historical patterns in memory-chip cycles suggest today's rally in Micron, SanDisk and SK Hynix will eventually cool, though both reports note structural AI demand could make this cycle longer than past ones.

SPECIAL REPORT

Fed Holds Over Half of All Bonds Due in 10 to 15 Years, Straining Debt Backdrop

The concentration comes as U.S. national debt crossed $40 trillion in August, intensifying scrutiny of Treasury market structure.

Academy Securities strategist Peter Tchir noted the Federal Reserve owns more than 50% of all Treasury bonds maturing 10 to 15 years from now, a concentration highlighted as U.S. debt passed the $40 trillion mark.

MARKET REPORT
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