The Redmond-based software maker is increasing performance pay and annual stock award ranges, CEO Satya Nadella said in a memo to employees. The move comes as Microsoft faces intense competition for talent, including from rival Amazon. 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.
