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Crypto is down again, and the drop is chewing our portfolios as we see the rise in crypto liquidations and debate on Michael Burry and his Bitcoin comments. With crypto down across major assets and liquidations climbing, we are questioning why Bitcoin is falling even while traditional markets are up. What deepens the discussion is … Read more
NEWYou can now listen to Fox News articles! NBA legend Michael Jordan testified in his antitrust lawsuit against NASCAR on Friday, revealing why he decided to take legal action against the sport he says he grew up a fan of. “Someone had to step forward and challenge the entity to understand that it is a … Read more
Billionaire Michael Saylor has been in tight spots before but nothing like this. The share price of Saylor’s firm Strategy, which owns over 3% of the world’s Bitcoin, is down dramatically. Worse, the company faces twin headwinds in the form of a bearish crypto market and an impending rule change that will likely trigger a … Read more
Good morning. Earlier this week, I spoke to Michael Dell about his plan to put $250 in the so-called Trump Accounts (now called Invest America accounts) of 25 million American kids when the savings program launches next year. The $6.25 billion donation is more than double the total amount that the Michael and Susan Dell … Read more
Courtesy of Drake Maye/Instagram Drake Maye was one of the first players picked in the 2024 NFL draft, and his then-girlfriend, Ann Michael Maye, was by his side when he joined the New England Patriots. “Drake, words cannot describe how proud I am of you,” Ann gushed via Instagram in April 2024. “What an incredible … Read more
Key Takeaways Michael Burry compared Bitcoin to the historical tulip bubble, calling it overvalued and hype-driven. Burry warned that Bitcoin poses greater risks than opportunities and enables criminal activity. Share this article Investor Michael Burry, best known for predicting the 2008 financial crisis, criticized Bitcoin on a podcast, comparing it to the historical tulip bubble … Read more
Michael Dell, Chairman and CEO of Dell Technologies, speaking at the Mobile World Congress 2024 in Barcelona, Spain, on Feb. 27, 2024. Joan Cros | Nurphoto | Getty Images Michael and Susan Dell announced Tuesday that they have committed $6.25 billion to fund investment accounts for some 25 million American children. The couple’s donation will … Read more
It’s been almost 42 years since Michael Dell founded the pioneering PC company now known as Dell Technologies (No. 44 on the Fortune 500) in his freshman dorm room at the University of Texas at Austin. A decade later, he started to give his wealth away, formalizing his philanthropic efforts in 1999 with the establishment of the Michael and Susan Dell Foundation. On Dec. 2, the Dells announced a $6.25 billion donation—more than double the amount that their foundation … Read more
The Big Short investor who predicted the 2008 housing market crash said EV maker Tesla is “ridiculously overvalued” and warned Musk’s $1 trillion pay plan will only make it worse. Michael Burry, who last month deregistered his hedge fund Scion Asset Management, took to a newly launched Substack account to reveal a bet against Elon … Read more
While you’ve been sweating the details over Thanksgiving, famed investor Michael Burry – the one portrayed by Christian Bale played in “The Big Short” – has been waging an increasingly aggressive war against Nvidia. It’s a battle worth watching because Burry might actually win it. What makes this different from every other warning about an … Read more
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