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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 4, 2026 / Tyler Durden
Watch: Bessent Teases 'Series Of Announcements' To Stabilize Oil; Says Trump's 15% Tariff Will Kick In This Week
Watch: Bessent Teases 'Series Of Announcements' To Stabilize Oil; Says Trump's 15% Tariff Will Kick In This Week
Authored by Andrew Moran via The Epoch Times (emphasis ours),
President Donald Trump’s 15 percent global tariff will take effect sometime this week, Treasury Secretary Scott Bessent said.
Following the Supreme Court’s rebuke of the president’s signature economic policy last month, Trump imposed a 10 percent global tariff, invoking Section 122 of the Trade Act of 1974. A day later, Trump pledged to raise the rate to 15 percent.
Treasury Secretary Scott Bessent testifies before...
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May 30, 2026 / Tyler Durden
Three Debates Americans Have Had For 250 Years
Three Debates Americans Have Had For 250 Years
Authored by Lawrence Wilson via The Epoch Times,
George Washington rode west from Philadelphia in command of 13,000 troops on a mission that would test his leadership unlike any previous campaign.
These men were not soldiers in the Continental Army. They were citizen militiamen—forerunners of the National Guard—called up from Virginia, Pennsylvania, Maryland, and New Jersey. And Washington was no longer simply a general. He was president of the United States.
The year was 1794, and Washington had made one of the most fateful decisions...
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Apr 14, 2026 / Tyler Durden
From Fiestas To Ferraris, Britain's Fuel Shock Has Rich And Poor Stealing Petrol
From Fiestas To Ferraris, Britain's Fuel Shock Has Rich And Poor Stealing Petrol
Across the U.K., motorists face record-breaking fuel costs at the gas pump as the Gulf energy shock ripples around the world. One of the clearest second-order effects now emerging is a surge in petrol station thefts, spanning from organized crime gangs to even drivers in exotic cars simply filling up and driving off.
British newspaper The Times cited new data from 500 UK filling stations showing that the daily value of stolen fuel jumped 27% from February to...
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