Michael Burry, famous for the 'Big Short', has closed his hedge fund, Scion Asset Management. This move has sparked ...
Shortly after sharing the posts, Burry's Scion Asset Management disclosed that it placed bets against two AI giants, Nvidia ...
Michael Burry is the founder of Scion Asset Management. Also known as the “Big Short” investor, he predicted and profited from the subprime mortgage crisis.
Michael Burry has reportedly placed a $1.1 billion short bet against AI leaders Nvidia and Palantir, signaling his conviction ...
The shock, and weaker American demand, would spill over to low-growth Europe and deflationary China, compounding the blow to ...
Betting against the stock of a company like Nvidia -- with powerful financial performance and demand dynamics and a ...
He said debt ratios are historically high, while bailouts during the pandemic have resulted in "zombie corporations." It runs contrary to what Wall Street banks like Goldman Sachs have been saying ...
The financial sector has had a volatile year in 2023. Banking crisis in March, precipitated by higher interest rates and poor risk management, led to the collapse of Signature Bank, Silicon Value Bank ...
Economic expert Manar Al Obaidy warns that Iraq faces a real budget deficit exceeding 15 trillion dinars in 2025, with ...
Shropshire Council's financial crisis has worsened with a significant rise in its projected multi-million pound overspend.