Famed “Big Short” investor Michael Burry is benefiting from the recent surge in Chinese stocks. Burry’s Scion Asset Management has nearly half of its portfolio invested in Chinese tech giants like Alibaba.... Read more »
AI server maker Super Micro Computer (SMCI) stock tumbled 15% Thursday after The Wall Street Journal reported that the company is being probed by the US Department of Justice. The Journal, citing... Read more »
(Bloomberg) — Global stocks rallied after China pledged fiscal stimulus and traders raised their bets on interest-rate cuts by major central banks. Most Read from Bloomberg The Stoxx 600 index in Europe... Read more »
Getty; Chelsea Jia Feng/BI Hedge fund manager Eric Jackson believes an ‘everything rally’ can take hold in the stock market. Jackson compared the current economic environment to the 1982 bull market, when... Read more »
US stocks lost steam on Wednesday after markets hit their latest all-time highs as investors looked to new data for clues to the health of the economy and the chances of another... Read more »