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'Big Short's' Michael Burry warns AI rally is overextended and adds bearish bets on NVIDIA (NVDA), Tesla (TSLA) and Applied Materials (AMAT), while he shorts Caterpillar (CAT) for the first time

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Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

U.S. Economy

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