Whether Nvidia Corp. will be able to rescue $400 million in at-risk China data-center sales and when gaming-card sales will normalize as the sector faces a crowded holiday lineup are two big questions investors want answers to this week. Read More...
Reuters
‘Big Short’ fund manager Burry buys another prison stock
Scion Asset Management’s Michael Burry, known for his timely bets against housing ahead of the 2008 financial crisis, added five new companies to his portfolio in the last quarter including prison operator CoreCivic, filings released on Monday showed. The move comes after fund manager Burry dumped a dozen positions in the second quarter, including Facebook parent Meta Platforms, and replaced them with a new stake in prison company Geo Group Inc. A regulatory filing on Monday showed he bought roughly 1.5 million additional shares in Geo Group in the third quarter.
