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After Bizarre CEO Interview On CNBC, Michael Burry Exits GameStop Position
After Bizarre CEO Interview On CNBC, Michael Burry Exits GameStop Position
Michael Burry has exited his position in GameStop Corp., saying the retailer’s reported bid for eBay Inc. changed the investment case, according to Bloomberg.
In a Monday post to his Substack subscribers, Burry said a potential $56 billion cash-and-stock acquisition would likely require too much debt and no longer aligned with his original thesis for GameStop. He had previously backed the company in 2019, a move that helped spark investor enthusiasm around the stock.
Burry wrote: “Wall Street does indeed mistake...
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Mar 15, 2026 / Tyler Durden
French Municipal Elections Provide Early Test For Le Pen's National Rally Ahead Of 2027 Presidential Race
French Municipal Elections Provide Early Test For Le Pen's National Rally Ahead Of 2027 Presidential Race
Takeaways
France held the first round of municipal elections on Sunday in nearly 35,000 municipalities, serving as an initial indicator of political momentum ahead of the 2027 presidential election.
Marine Le Pen’s National Rally (RN) is seeking to expand its limited local presence, with ambitions focused on southern cities such as Perpignan, Marseille, Nice and Toulon.
Pre-vote polls suggested competitive races in key targets, but full first-round results and projections are emerging gradually after polls closed, with...
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Oct 24, 2026 / Tyler Durden
Trump Administration Carried Out 980,000 Deportations In First 18 Months: Think Tank
Trump Administration Carried Out 980,000 Deportations In First 18 Months: Think Tank
Authored by Chris Summers via The Epoch Times,
The Department of Homeland Security (DHS) conducted 980,000 deportations during the first 18 months of President Donald Trump's second administration, a report published by the Migration Policy Institute (MPI) think tank said on Thursday.
U.S. Customs and Border Protection security agents guide illegal immigrants onboard a C-17 Globemaster III for a removal flight at Fort Bliss, Texas, on Jan. 23, 2025. Dept. of Defense photo by U.S. Army Sgt. 1st Class Nicholas...
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Oct 2, 2026 / Tyler Durden
Digging Starts On New $16 Billion Train Tunnel Project Under Hudson River
Digging Starts On New $16 Billion Train Tunnel Project Under Hudson River
Elected officials in helmets and yellow jackets gathered in New Jersey on Monday for the ceremonial launch of a massive boring machine that in days will begin drilling through the solid rock of the Palisades Cliffs in New Jersey, the initial phase of the Hudson Tunnel Project from New Jersey to New York Penn Station.
The new tunnel is just one part of a massive infrastructure project designed to ease the congestion of trains traveling in and out of...
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