Netflix/The Big Short Michael Burry, whose lucrative wager on the US housing bubble’s collapse in 2007 was captured in “The Big Short,” expects Tesla stock to implode in a similar
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Cisco Manages To Keep Investors in the Game After Earnings
Cisco Systems, Inc. (NASDAQ: CSCO) has reported earnings for its first fiscal quarter of 2021. The networking and communications equipment giant reported adjusted earnings of $0.76 per share (EPS) and
Continue reading »Billionaire investor Bill Ackman is hedging the pandemic again after raking in $2.6 billion from a similar bet in spring
Reuters / Richard Brian Bill Ackman has insured his Pershing Square hedge fund against a surge in corporate defaults, after making $2.6 billion on a similar bet in the spring,
Continue reading »Billionaire investor Ray Dalio believes Ant's IPO suspension was reasonable – and says not investing in China is 'very risky'
Roy Rochlin/Getty Images Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, lent support on Wednesday for China’s sudden decision to suspend Ant Group’s historic $37 billion listing.
Continue reading »63% of investors have changed their portfolios ahead of the US election — and increasing cash was the most common move, UBS survey says
Spencer Platt/Getty Images Sixty-three percent of investors and business owners in the US surveyed by UBS have changed their portfolios ahead of the US election. Increasing cash was the most
Continue reading »Billionaire investor Daniel Loeb takes back reins of hedge fund Third Point
Fox Business Flash top headlines for May 19 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. BOSTON - Billionaire investor Daniel Loeb is taking back
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