Finance

S&P 500 at 7,599 With Just 4% of Stocks at Highs: Burry's $1.1B AI Short, BofA's 7,100 Air Pocket, and the Most Concentrated Rally in 27 Years

The S 500 hit 7,599.96 on June 1, 2026, but only 4% of stocks made new highs — the narrowest breadth rally in 27 years. Michael Burry's $1.1B AI put book is now 80% of his fund. BofA targets 7,100 as ...

US Consumer Sentiment Hits All-Time Low of 44.8 — But Stocks Keep Soaring

US consumer sentiment plunged to an all-time low of 44.8 in May 2026, the worst reading since the University of Michigan survey began in 1952. Yet the SP 500 hit 7,561 and Nasdaq soared past 26,000 — ...