Michael Burry’s new short bets spook market and anger Palantir CEO, but his trade is likely underwater

Michael Burry’s new short bets spook market and anger Palantir CEO, but his trade is likely underwater

Michael Burry unnerved investors this week with seemingly fresh wagers against artificial intelligence favorites Nvidia and Palantir Technologies . However, despite the splash his disclosure made, the famed “Big Short” investor is likely sitting on losses from those bearish bets. Burry’s hedge fund, Scion Asset Management, held about 50,000 put contracts on Palantir and 10,000…

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Jane Street to challenge India ban, says it engaged in basic arbitrage

Jane Street to challenge India ban, says it engaged in basic arbitrage

Jane Street has told staff it will contest a ban by India’s financial regulator which has accused the U.S. high-frequency trading giant of market manipulation. Nurphoto | Nurphoto | Getty Images Jane Street has told staff it will contest a ban by India’s financial regulator which has accused the U.S. high-frequency trading giant of market manipulation, adding that its practices…

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Bob Vylan rejects criticism, says group targeted for speaking on Gaza at Glastonbury

Bob Vylan rejects criticism, says group targeted for speaking on Gaza at Glastonbury

LONDON — Rap-punk duo Bob Vylan on Tuesday rejected claims of antisemitism over onstage comments at the Glastonbury Festival that triggered a police investigation and sparked criticism from politicians, the BBC and festival organizers. The band said in a statement that it was being “targeted for speaking up” about the war in Gaza. Police are…

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