Shares of technology companies slid as traders fled artificial-intelligence boom stocks.
Palantir Technologies shares plunged even after the producer of AI-powered analytic software logged earnings growth ahead of expectations.
Scion Asset Management, the firm run by widely followed mortgage-backed security skeptic Michael Burry, disclosed purchases of put options against Nvidia and Palantir late Monday.
The price of bitcoin slumped, testing the psychologically significant $100,000 for the first time since June.
Norway’s sovereign-wealth fund rejected Tesla Chief Executive Elon Musk’s new $1 trillion pay package, becoming the first major investor to disclose its decision.
Uber Technologies shares fell even after the ride-hailing firm said more customers are turning to its platform for rides and deliveries across the board, and the company expects its gross bookings to continue to grow.
