Twilio's (NYSE: TWLO) stock has tumbled nearly 60% this year as investors fretted over the cloud-based communication platform company's decelerating growth, declining gross margins, and widening losses. Let's review Twilio's business model, its challenges, and valuations to decide. What does Twilio do? Read More...
TheStreet.com
Michael ‘Big Short’ Burry Shorts Apple
Infamous investor Michael Burry of “The Big Short” has bet against Apple ( ), according to a SEC filing. During the first quarter, Burry, a hedge fund investor who is known for predicting and profiting from the housing bubble and subprime mortgage crisis by betting against collaterized debt obligations or CDOs during the mid 2000s, stocked up on Alphabet ( ), Meta Platforms (FB), and Discovery ( ) for Scion Asset Management. The hedge fund owned bearish put options against 206,000 Apple shares as of March 31.
