Michael Burry of “The Big Short” fame revealed an $8 million wager on gold this week. The renowned investor bought into a trust that owns physical gold bullion. It turns out Michael…
Tag: crash
Trump Media’s stock is almost certain to crash
Donald Trump’s newly public social-media company is not the next Nvidia — or Meta or Google or whatever has happened with X/Twitter. The share price of Trump Media and Technology Group, trading…
The stock market is set up for panic, and it could spark a steep crash, portfolio manager says
The stock market has the perfect setup for a steep correction, Michael Gayed warned. The portfolio manager pointed to three warning signs flashing in the market. The market is looking like it’s…
NYCB’s stock crash shows the peril of a bank growing too fast
The implosion of New York Community Bancorp highlights an unusual risk for banks: growing too fast. New York Community Bancorp’s 64% stock crash was in part caused by the increased regulatory scrutiny…
Stock market crash wipes out Rs 4.59 lakh cr from investors wealth in single day
New Delhi, Investors became poorer by Rs 4.59 lakh crore on Wednesday due to a sharp fall in the equity markets where the BSE Sensex plummeted 1,628 points, dragged by bank stocks…
Here’s the first Tesla Cybertruck crash we’ve heard about
A Tesla Cybertruck was involved in an accident on Thursday afternoon. There were no major injuries, with the Cybertruck driver suspected of having a “minor injury.” The Tesla Cybertruck has been in…