Burry's Warning & Tech Stock Tumbles (+6 more stories)

The Daily Business and Finance Show - Wednesday, 5 August 2026 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days! Please click here for more info: Subscribe to Seeking Alpha Premium News Today's headlines: Michael Burry warns of 1987-style crash even as S&P 500 hits new high SpaceX shares fall after AI spending surge overshadows quarterly beat AMD slips even as AI-linked GPU sales aid Q2 results, guidance Spacex expects $100B+ ARR by December as it targets over 2 GW of compute by year-end SpaceX says it wants bigger piece of wireless market Dorian LPG Non-GAAP EPS of $2.52 beats by $0.44, revenue of $187.9M beats by $20.2M NICE beats Q2 street estimates, raises FY outlook Samsung unveils next-gen AI memory technology Biggest stock movers Wednesday: AMD, SPCX, and more Explanations from OpenAI ChatGPT API with proprietary prompts. This podcast provides information only and should not be construed as financial or business advice. This podcast is produced by Klassic Studios Learn more about your ad choices. Visit megaphone.fm/adchoices