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Michael Burry, the investor known for ‘The Big Short,’ unveils bearish positions against the S&P 500 and Nasdaq-100, alongside extensive transformations in his stock portfolio.

In the previous quarter, Michael Burry entered pessimistic positions by placing bearish bets against the S&P 500 and Nasdaq-100. The investor famous for “The Big Short” also liquidated his holdings in Alibaba, First Republic, and a variety of other stocks. During that timeframe, Burry’s Scion fund significantly increased its holdings in mining, shipping, and energy …

Michael Burry, the investor known for ‘The Big Short,’ unveils bearish positions against the S&P 500 and Nasdaq-100, alongside extensive transformations in his stock portfolio. Read More »

Elon Musk’s Plan to Transform X into a Stock Trading and Financial Hub for Users

According to Semafor, Elon Musk’s X app is actively exploring the creation of a stock-trading hub within its platform. The information was reported by the outlet, citing sources and referencing a request for plans that X sent to major financial-data firms. According to Musk, to the best of his knowledge, there is no ongoing work …

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Elon Musk’s Sinister Ultimatum Unveiled at 4 a.m. — Twitter’s Rent Payment Hinges on His ‘Dead Body,’ Lawsuit Claims”

Six former Twitter employees have boldly taken Elon Musk and the company to court, igniting a flurry of controversy This lawsuit, filed on Tuesday, unveils a startling revelation: during a secretive 4 a.m. conversation, Musk allegedly made a chilling declaration to an advisor, proclaiming that rent payments would only happen “over his dead body.” The …

Elon Musk’s Sinister Ultimatum Unveiled at 4 a.m. — Twitter’s Rent Payment Hinges on His ‘Dead Body,’ Lawsuit Claims” Read More »

Elon Musk is taking on a new role at Twitter, will no longer be CEO

Tesla’s shares experienced a rise of more than 2%, indicating positive sentiment from investors. However, some Tesla shareholders have expressed concern about Elon Musk’s involvement with Twitter, leading to questions about his commitment to Tesla, where he is also CEO. In April, progressive shareholders publicly urged Tesla’s board to ensure Musk’s prioritization of the electric …

Elon Musk is taking on a new role at Twitter, will no longer be CEO Read More »