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The company said Chief Executive and President Chirantan CJ Desai is stepping down from his roles, effectively immediately, in order to pursue a senior role at Meta Platforms.Reddit  advanced by 2% pre-bell, after closing Monday with a 4.5% fall.Micron Technology  was up 1.6% in premarket hours, swinging from a 2.6% decline at Monday's close.Nvidia  was 0.8% higher premarket, after a 1.7% increase from the previous session.Advanced Micro Devices  advanced by 1.1% just hours before market open, after closing Monday with a 3.6% decline.SpaceX  rose 1% in pre-bell activity, following a 2.2% decline from Monday's session.Meta Platforms  advanced by 0.5% pre-bell, swinging from a 4.8% fall at Monday's close.Tesla  was 0.3% higher in premarket hours, after a 3.9% decline from the previous 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Stocks Shouldn't be Rising After OpenAI Safety Scare. but They Are.","url":"https://stock-news.laohu8.com/highlight/detail?id=2671821309","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2671821309?lang=en_us&edition=fundamental","pubTime":"2026-09-29 18:33","pubTimestamp":1790677980,"startTime":"0","endTime":"0","summary":"The stock market doesn't like to dwell on artificial-intelligence safety fears too long.That's a good thing. After OpenAI's decision to pause the training of its latest AI models sparked a sharp 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Sees AI Bubble Bursting Sooner, Shifts to Put Options","url":"https://stock-news.laohu8.com/highlight/detail?id=2671265802","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2671265802?lang=en_us&edition=fundamental","pubTime":"2026-09-29 07:18","pubTimestamp":1790637523,"startTime":"0","endTime":"0","summary":"Michael Burry is moving up the timeline for his bearish thesis on the AI boom, switching from short positions to put options on key AI-related stocks, multiple outlets reported Monday, citing Burry's Monday investment newsletter.Burry said he wants more leverage given cheap options tied to low volatility measures like the VIX, adding that \"the bubble in AI may burst sooner than later,\" according to the reports.He swapped his Micron  short for June puts at a $500 strike price range, replaced his Nebius  short with June puts in the \"double digit strike price\" range, and shifted his SOXX ETF short to September 2027 puts in the \"low $400s,\" the reports said.He also enlarged his Palantir  put position centered at a September 2027 expiration in the \"low $100s.\"Burry cited Ares Management research on risks tied to unproven AI revenue and comments from Acer's CEO on the return of memory chip cyclicality, according to the 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MongoDB stock slumped 18%.Intel , Micron Technology : Chip stocks mostly fell and were some of the most actively traded shares, with Intel in the top five.Nvidia : The chip company bucked the trend among tech shares, rising 1.7% after its board authorized a $150 billion increase to its share repurchase program.Meta Platforms : The Facebook owner slipped 4.8%, after recent gains fueled by the popularity of its Muse AI agent.Oracle : Shares fell 3.3%, extending losses from last week, when cracks emerged in a huge, debt-fueled data-center project in New Mexico.Persimmon , Taylor Wimpey : In Europe, 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At the sector level, AI hardware stocks plummeted, with chip, memory, and optical communications stocks all suffering sell-offs. Among them, SK Hynix (SKHY) fell 6.20%, SanDisk (SNDK) dropped 6.05%, and Micron Technology (MU) slid 4.22%. 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