Michael Burrythe investor who gambled on the US housing market during the 2008 financial crisis has turned bearish Oracle Corporation (NYSE:ORCL). Burry announced his ownership of put options on Oracle stock in a Substack after after markets closed last Friday. He also disclosed that he had directly shortchanged Oracle over the past six months. Oracle, […]
Michael Burry urged the president Donald Trump and vice president J.D. Vance Friday to accelerate a $1 trillion nuclear power and grid expansion plan to feed rising AI-driven electricity demand, arguing it is the only way for the U.S. to compete with China and sustain long-term growth. Burry calls nuclear energy a strategic necessity In […]
Michael Burrythe investor known for predicting the 2008 financial crisis shared insights on why mastering an industry isn’t necessary to succeed in investing. Michael Burry’s early engineering journey On Thursday, to XBurry recalled that in 1982-83 he worked with a friend who would later work at Microsoft Corp (NASDAQ: MSFT)created a stock market game using […]
As we head into the new week, let’s take a look at some of the most intriguing stories that happened this past week. From challenge to Nvidia Corp. (NASDAQ:NVDA) Through Michael Burry Unpleasant Elon Musk‘s shopping problems, here’s what you might have missed. Michael Burry asks for photos of stored Nvidia GPUs Over the weekend, […]
As the week comes to a close, it’s time to catch up on the biggest stories that shaped the week. By Michael BurryFrom the ominous prediction about the US banking system to the Federal Reserve’s strategic move to insulate itself from political interference, here’s a look at the key events that transpired. The Federal Reserve’s […]