INVMAN

Michael Burry of ‘The Big Short’ Shuts Down Scion Asset Management: What It Means for Investors

Michael Burry of ‘The Big Short’ Shuts Down Scion Asset Management: What It Means for Investors

Michael Burry, famous for betting against the housing market in 2008, has recently closed his hedge fund, Scion Asset Management. ... Read more

Meta’s Superintelligence Labs to Trim Workforce by 600: What This Means for AI Development

Meta’s Superintelligence Labs to Trim Workforce by 600: What This Means for AI Development

Meta, the parent company of Facebook, is laying off around 600 employees from its Superintelligence Labs as part of a ... Read more

US Credit Risks Send Global Bank Stocks Tumbling: What You Need to Know

US Credit Risks Send Global Bank Stocks Tumbling: What You Need to Know

SINGAPORE/LONDON, Oct 17 (Reuters) – Concerns about the credit quality of U.S. regional banks are unsettling markets, reminiscent of past ... Read more