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05-29

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Post-Bell | Nasdaq Closes Above 17,000; Nvidia Jumps 7%, Pushing Its Market Value Closer to Apple; GameStop Climbs 25%

2023-08-15

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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1716939144,"share":"https://ttm.financial/m/news/1154906470?lang=&edition=fundamental","pubTime":"2024-05-29 07:32","market":"us","language":"en","title":"Post-Bell | Nasdaq Closes Above 17,000; Nvidia Jumps 7%, Pushing Its Market Value Closer to Apple; GameStop Climbs 25%","url":"https://stock-news.laohu8.com/highlight/detail?id=1154906470","media":"Tiger Newspress","summary":"The Nasdaq crossed 17,000 for the first time ever on Tuesday, boosted by gains in Nvidia, while the S&P 500 closed barely higher and the Dow ended lower as Treasury yields rose.Nvidia jumped 7% and bo","content":"<html><head></head><body><p>The Nasdaq crossed 17,000 for the first time ever on Tuesday, boosted by gains in Nvidia, while the S&amp;P 500 closed barely higher and the Dow ended lower as Treasury yields rose.</p><p>Nvidia jumped 7% and boosted shares of other chip stocks as traders returned from a holiday-extended weekend. An index of semiconductors rose 1.9%.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average fell 216.73 points, or 0.55%, to 38,852.86, the S&amp;P 500 gained 1.32 points, or 0.02%, to 5,306.04 and the Nasdaq Composite gained 99.09 points, or 0.59%, to 17,019.88.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b9e6d7637099a80acda9b18135e3bbc2\" title=\"\" tg-width=\"508\" tg-height=\"105\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p><strong>GameStop</strong> jumped 25% after the videogame retailer on Friday said it completed an equity offering of 45 million shares for proceeds of about $933.4 million. GameStop said proceeds would be used for general corporate purposes, “which may include acquisitions and investments.” The at-the-market offering was disclosed in a filing May 17.</p><p style=\"text-align: start;\"><strong>Nvidia</strong> was up 7%. Shares of the chip maker were getting a boost from an announcement by Elon Musk that his xAI start-up raised $6 billion in its latest round of fund-raising. It’s expected that much of the newly raised cash should be spent on Nvidia’s hardware.</p><p style=\"text-align: start;\"><strong>Apple</strong> initially rose after Bloomberg, citing figures from the China Academy of Information and Communications Technology, reported that iPhone shipments in China rose 52% from a year earlier. But the stock ended the day flat.</p><p style=\"text-align: start;\"><strong>DraftKings</strong> fell 10% after Illinois senators passed a new budget that includes a tax increase on sports-betting operators. The legislation would make Illinois the second-most expensive state for wagering operators to do business in, according to iGamingBusiness.com. Flutter Entertainment, the parent company of FanDuel, declined 7.7%.</p><p style=\"text-align: start;\"><strong>Insmed</strong> surged 119% after the biopharmaceutical company reported positive top-line results from a Phase 3 study of its treatment for non-cystic fibrosis bronchiectasis. Insmed said it planned to file a new drug application with the Food and Drug Administration for brensocatib in patients with bronchiectasis in the fourth quarter.</p><p style=\"text-align: start;\"><strong>U.S. Cellular</strong> jumped 12% after T-Mobile agreed to acquire most of U.S. Cellular’s operations in a deal for roughly $4.4 billion. T-Mobile said it was buying “substantially all” of U.S. Cellular’s wireless operations and certain spectrum assets. The purchase price includes about $2 billion of assumed debt. The parent company of U.S. Cellular, Telephone &amp; Data Systems, was up 1.7%. T-Mobile rose 0.8%.</p><p style=\"text-align: start;\"><strong>Duolingo</strong> jumped 8.8% to $194.16 after analysts at JMP Securities upgraded shares of the language-learning app company to Outperform from Market Perform with a price target of $260.</p><p style=\"text-align: start;\"><strong>Norwegian Cruise Line Holdings</strong> was upgraded by Mizuho Securities to Buy from Neutral and the price target was raised to $24 from $21. The stock was up 3.5% to $16.56.</p><h3 id=\"id_2793407076\" style=\"text-align: start;\">Nvidia’s Market Cap Hasn’t Been This Close to Apple’s Since 2009</h3><p>Nvidia shares are on a major hot streak, while Apple’s stock has been in a rut this year. Now, the market-cap gap between the two companies is the tightest it’s been since 2009, as the chip maker looks to be the third-ever U.S. company to finish a trading day with a $3 trillion valuation.</p><p>As of the end of Tuesday’s session, Nvidia had a $2.848 trillion valuation, while Apple had a $2.913 trillion valuation. That meant the margin between the two was $65.80 billion — the narrowest it’s been since Jan. 20, 2009, according to Dow Jones Market Data.</p><p>The gap is nearly the size of Apple’s entire market cap at that January 2009 point: Back then, Apple’s market value was $69.56 billion, while Nvidia’s was $3.87 billion.</p><h3 id=\"id_564989988\" style=\"text-align: start;\">Cathie Wood’s $60 Million Venture Fund Nabs Stake in Elon Musk’s xAI</h3><p>Cathie Wood’s Ark Investment Management has purchased a stake in Elon Musk’s artificial-intelligence startup xAI, part of a growing wager that the nascent AI industry will revolutionize global tech.</p><p style=\"text-align: start;\">Wood’s Ark Venture Fund revealed the stake in an email to clients Tuesday. It represents about 2% of the fund’s holdings, Ark Chief Futurist Brett Winton said in an interview. The purchase comes a month after the fund disclosed a position in OpenAI that made up roughly 4% of its holdings. The closed-end interval fund also has a stake in AI firm Anthropic, accounting for about 5% of assets.</p><h3 id=\"id_247944701\" style=\"text-align: start;\">Robinhood Jumps on Plan to Buy Back Up to $1 Billion of Shares</h3><p>Robinhood Markets Inc. jumped after the retail brokerage announced a plan to repurchase as much as $1 billion of its own shares.</p><p style=\"text-align: start;\">The firm expects the buyback program to kick off in the third quarter and take place over a two to three year period, it said Tuesday in a filing. Shares in Robinhood jumped as much as 7.4% in late New York trading after the company said its board approved the repurchase plan.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Post-Bell | Nasdaq Closes Above 17,000; Nvidia Jumps 7%, Pushing Its Market Value Closer to Apple; GameStop Climbs 25%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPost-Bell | Nasdaq Closes Above 17,000; Nvidia Jumps 7%, Pushing Its Market Value Closer to Apple; GameStop Climbs 25%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-05-29 07:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Nasdaq crossed 17,000 for the first time ever on Tuesday, boosted by gains in Nvidia, while the S&amp;P 500 closed barely higher and the Dow ended lower as Treasury yields rose.</p><p>Nvidia jumped 7% and boosted shares of other chip stocks as traders returned from a holiday-extended weekend. An index of semiconductors rose 1.9%.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average fell 216.73 points, or 0.55%, to 38,852.86, the S&amp;P 500 gained 1.32 points, or 0.02%, to 5,306.04 and the Nasdaq Composite gained 99.09 points, or 0.59%, to 17,019.88.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b9e6d7637099a80acda9b18135e3bbc2\" title=\"\" tg-width=\"508\" tg-height=\"105\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p><strong>GameStop</strong> jumped 25% after the videogame retailer on Friday said it completed an equity offering of 45 million shares for proceeds of about $933.4 million. GameStop said proceeds would be used for general corporate purposes, “which may include acquisitions and investments.” The at-the-market offering was disclosed in a filing May 17.</p><p style=\"text-align: start;\"><strong>Nvidia</strong> was up 7%. Shares of the chip maker were getting a boost from an announcement by Elon Musk that his xAI start-up raised $6 billion in its latest round of fund-raising. It’s expected that much of the newly raised cash should be spent on Nvidia’s hardware.</p><p style=\"text-align: start;\"><strong>Apple</strong> initially rose after Bloomberg, citing figures from the China Academy of Information and Communications Technology, reported that iPhone shipments in China rose 52% from a year earlier. But the stock ended the day flat.</p><p style=\"text-align: start;\"><strong>DraftKings</strong> fell 10% after Illinois senators passed a new budget that includes a tax increase on sports-betting operators. The legislation would make Illinois the second-most expensive state for wagering operators to do business in, according to iGamingBusiness.com. Flutter Entertainment, the parent company of FanDuel, declined 7.7%.</p><p style=\"text-align: start;\"><strong>Insmed</strong> surged 119% after the biopharmaceutical company reported positive top-line results from a Phase 3 study of its treatment for non-cystic fibrosis bronchiectasis. Insmed said it planned to file a new drug application with the Food and Drug Administration for brensocatib in patients with bronchiectasis in the fourth quarter.</p><p style=\"text-align: start;\"><strong>U.S. Cellular</strong> jumped 12% after T-Mobile agreed to acquire most of U.S. Cellular’s operations in a deal for roughly $4.4 billion. T-Mobile said it was buying “substantially all” of U.S. Cellular’s wireless operations and certain spectrum assets. The purchase price includes about $2 billion of assumed debt. The parent company of U.S. Cellular, Telephone &amp; Data Systems, was up 1.7%. T-Mobile rose 0.8%.</p><p style=\"text-align: start;\"><strong>Duolingo</strong> jumped 8.8% to $194.16 after analysts at JMP Securities upgraded shares of the language-learning app company to Outperform from Market Perform with a price target of $260.</p><p style=\"text-align: start;\"><strong>Norwegian Cruise Line Holdings</strong> was upgraded by Mizuho Securities to Buy from Neutral and the price target was raised to $24 from $21. The stock was up 3.5% to $16.56.</p><h3 id=\"id_2793407076\" style=\"text-align: start;\">Nvidia’s Market Cap Hasn’t Been This Close to Apple’s Since 2009</h3><p>Nvidia shares are on a major hot streak, while Apple’s stock has been in a rut this year. Now, the market-cap gap between the two companies is the tightest it’s been since 2009, as the chip maker looks to be the third-ever U.S. company to finish a trading day with a $3 trillion valuation.</p><p>As of the end of Tuesday’s session, Nvidia had a $2.848 trillion valuation, while Apple had a $2.913 trillion valuation. That meant the margin between the two was $65.80 billion — the narrowest it’s been since Jan. 20, 2009, according to Dow Jones Market Data.</p><p>The gap is nearly the size of Apple’s entire market cap at that January 2009 point: Back then, Apple’s market value was $69.56 billion, while Nvidia’s was $3.87 billion.</p><h3 id=\"id_564989988\" style=\"text-align: start;\">Cathie Wood’s $60 Million Venture Fund Nabs Stake in Elon Musk’s xAI</h3><p>Cathie Wood’s Ark Investment Management has purchased a stake in Elon Musk’s artificial-intelligence startup xAI, part of a growing wager that the nascent AI industry will revolutionize global tech.</p><p style=\"text-align: start;\">Wood’s Ark Venture Fund revealed the stake in an email to clients Tuesday. It represents about 2% of the fund’s holdings, Ark Chief Futurist Brett Winton said in an interview. The purchase comes a month after the fund disclosed a position in OpenAI that made up roughly 4% of its holdings. The closed-end interval fund also has a stake in AI firm Anthropic, accounting for about 5% of assets.</p><h3 id=\"id_247944701\" style=\"text-align: start;\">Robinhood Jumps on Plan to Buy Back Up to $1 Billion of Shares</h3><p>Robinhood Markets Inc. jumped after the retail brokerage announced a plan to repurchase as much as $1 billion of its own shares.</p><p style=\"text-align: start;\">The firm expects the buyback program to kick off in the third quarter and take place over a two to three year period, it said Tuesday in a filing. Shares in Robinhood jumped as much as 7.4% in late New York trading after the company said its board approved the repurchase plan.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","AAPL":"苹果",".SPX":"S&P 500 Index","GME":"游戏驿站","NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154906470","content_text":"The Nasdaq crossed 17,000 for the first time ever on Tuesday, boosted by gains in Nvidia, while the S&P 500 closed barely higher and the Dow ended lower as Treasury yields rose.Nvidia jumped 7% and boosted shares of other chip stocks as traders returned from a holiday-extended weekend. An index of semiconductors rose 1.9%.Market SnapshotThe Dow Jones Industrial Average fell 216.73 points, or 0.55%, to 38,852.86, the S&P 500 gained 1.32 points, or 0.02%, to 5,306.04 and the Nasdaq Composite gained 99.09 points, or 0.59%, to 17,019.88.Market MoversGameStop jumped 25% after the videogame retailer on Friday said it completed an equity offering of 45 million shares for proceeds of about $933.4 million. GameStop said proceeds would be used for general corporate purposes, “which may include acquisitions and investments.” The at-the-market offering was disclosed in a filing May 17.Nvidia was up 7%. Shares of the chip maker were getting a boost from an announcement by Elon Musk that his xAI start-up raised $6 billion in its latest round of fund-raising. It’s expected that much of the newly raised cash should be spent on Nvidia’s hardware.Apple initially rose after Bloomberg, citing figures from the China Academy of Information and Communications Technology, reported that iPhone shipments in China rose 52% from a year earlier. But the stock ended the day flat.DraftKings fell 10% after Illinois senators passed a new budget that includes a tax increase on sports-betting operators. The legislation would make Illinois the second-most expensive state for wagering operators to do business in, according to iGamingBusiness.com. Flutter Entertainment, the parent company of FanDuel, declined 7.7%.Insmed surged 119% after the biopharmaceutical company reported positive top-line results from a Phase 3 study of its treatment for non-cystic fibrosis bronchiectasis. Insmed said it planned to file a new drug application with the Food and Drug Administration for brensocatib in patients with bronchiectasis in the fourth quarter.U.S. Cellular jumped 12% after T-Mobile agreed to acquire most of U.S. Cellular’s operations in a deal for roughly $4.4 billion. T-Mobile said it was buying “substantially all” of U.S. Cellular’s wireless operations and certain spectrum assets. The purchase price includes about $2 billion of assumed debt. The parent company of U.S. Cellular, Telephone & Data Systems, was up 1.7%. T-Mobile rose 0.8%.Duolingo jumped 8.8% to $194.16 after analysts at JMP Securities upgraded shares of the language-learning app company to Outperform from Market Perform with a price target of $260.Norwegian Cruise Line Holdings was upgraded by Mizuho Securities to Buy from Neutral and the price target was raised to $24 from $21. The stock was up 3.5% to $16.56.Nvidia’s Market Cap Hasn’t Been This Close to Apple’s Since 2009Nvidia shares are on a major hot streak, while Apple’s stock has been in a rut this year. Now, the market-cap gap between the two companies is the tightest it’s been since 2009, as the chip maker looks to be the third-ever U.S. company to finish a trading day with a $3 trillion valuation.As of the end of Tuesday’s session, Nvidia had a $2.848 trillion valuation, while Apple had a $2.913 trillion valuation. That meant the margin between the two was $65.80 billion — the narrowest it’s been since Jan. 20, 2009, according to Dow Jones Market Data.The gap is nearly the size of Apple’s entire market cap at that January 2009 point: Back then, Apple’s market value was $69.56 billion, while Nvidia’s was $3.87 billion.Cathie Wood’s $60 Million Venture Fund Nabs Stake in Elon Musk’s xAICathie Wood’s Ark Investment Management has purchased a stake in Elon Musk’s artificial-intelligence startup xAI, part of a growing wager that the nascent AI industry will revolutionize global tech.Wood’s Ark Venture Fund revealed the stake in an email to clients Tuesday. It represents about 2% of the fund’s holdings, Ark Chief Futurist Brett Winton said in an interview. The purchase comes a month after the fund disclosed a position in OpenAI that made up roughly 4% of its holdings. The closed-end interval fund also has a stake in AI firm Anthropic, accounting for about 5% of assets.Robinhood Jumps on Plan to Buy Back Up to $1 Billion of SharesRobinhood Markets Inc. jumped after the retail brokerage announced a plan to repurchase as much as $1 billion of its own shares.The firm expects the buyback program to kick off in the third quarter and take place over a two to three year period, it said Tuesday in a filing. Shares in Robinhood jumped as much as 7.4% in late New York trading after the company said its board approved the repurchase plan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":209198547460120,"gmtCreate":1692110847336,"gmtModify":1692110850624,"author":{"id":"4087567083492380","authorId":"4087567083492380","authorIdStr":"4087567083492380","name":"Strikecal","avatar":"https://static.tigerbbs.com/360c96548df1a374b583f56a81ff3bc6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087567083492380"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/209198547460120","repostId":"2359857934","repostType":2,"repost":{"id":"2359857934","pubTimestamp":1692110702,"share":"https://ttm.financial/m/news/2359857934?lang=&edition=fundamental","pubTime":"2023-08-15 22:45","market":"us","language":"en","title":"Michael Burry's Next Big Short: Betting $1.6 Billion Against The U.S. Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2359857934","media":"Seeking Alpha","summary":"SummaryMichael Burry has bet close to $1.6 billion on a stock market crash, loading up on put options against the U.S. stock market.Burry trimmed his positions in regional bank shares and exited his b","content":"<html><head></head><body><h2 id=\"id_3477848707\" style=\"text-align: left;\">Summary</h2><ul><li><p>Michael Burry has bet close to $1.6 billion on a stock market crash, loading up on put options against the U.S. stock market.</p></li><li><p>Burry trimmed his positions in regional bank shares and exited his bets on China e-commerce giants JD.Com and Alibaba.</p></li><li><p>About 94% of Burry&#39;s portfolio is &#34;short&#34; the major equity indices, but he still sees value in selected names like Expedia and MGM Resorts.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b2b784c510e875a59af4d1fc92d39675\" alt=\"Astrid Stawiarz\" title=\"Astrid Stawiarz\" tg-width=\"750\" tg-height=\"511\"/><span>Astrid Stawiarz</span></p><h2 id=\"id_2263584582\">Michael Burry&#39;s 13F - Summary</h2><p>Dr. Michael Burry, the famous &#34;Big Short&#34; hedge fund manager known for accurately predicting the 2008 subprime mortgage crisis, has apparently found a new &#34;Big Short&#34; opportunity: betting more than $1.6 billion on a stock market crash.</p><p>In line with a bearish macro view, Dr. Burry aggressively trimmed his positions in regional bank shares and exited his bet on China e-commerce giants JD.Com (JD) and Alibaba (BABA).</p><h2 id=\"id_1368255888\">Big Short On U.S. Stocks</h2><p>According to Scion Asset management&#39;s most recent 13F filing, dated 14 August, Dr. Burry has loaded up on put options against the U.S. stock market. As of the end of Q2 2023, Burry owned puts on 2,000,000 shares of the SPDR S&amp;P 500 ETF Trust (NYSEARCA:SPY), which tracks the performance of the S&amp;P 500 (SP500), as well as puts on 2,000,000 shares of the Invesco QQQ ETF (NASDAQ:QQQ), which mirrors the performance of the tech-focused Nasdaq 100-index. Notably, the notional value of these puts was $886.6 million for the SPY, and $738.8 million for QQQ, respectively, adding up to $1,625 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4e61f7dfd4ac7b9caa9a8f7979e6282\" alt=\"Scion Asset Management, LLC Q2 2023 13F Holdings\" title=\"Scion Asset Management, LLC Q2 2023 13F Holdings\" tg-width=\"640\" tg-height=\"314\"/><span>Scion Asset Management, LLC Q2 2023 13F Holdings</span></p><p>Needless to say, Burry&#39;s aggressive short on SPY and QQQ is quite an attention grabber, and with independently-thinking investor like Burry being so bearish, investors should definitely take note. That said, however, investors should also consider that Burry has already warned of a crash in early 2023, posting a &#34;Sell&#34; tweet on Twitter/ X ...</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/42b1d04984847358f207d7db8d2c6961\" alt=\"Twitter/ X, Michael Burry Archive\" title=\"Twitter/ X, Michael Burry Archive\" tg-width=\"640\" tg-height=\"261\"/><span>Twitter/ X, Michael Burry Archive</span></p><p>... only to change his view on the stock market 3 months later, when Burry withdrew his Sell recommendation.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/368989ab0eb672eb26acf30500437cab\" alt=\"Twitter/ X, Michael Burry Archive\" title=\"Twitter/ X, Michael Burry Archive\" tg-width=\"640\" tg-height=\"262\"/><span>Twitter/ X, Michael Burry Archive</span></p><h2 id=\"id_547478511\">Bank, China Stocks Zeroed</h2><p>While Burry loaded up on a bearish macro bet, shorting the U.S. equity markets, he aggressively trimmed the majority of his regional bank exposure.</p><p>In Q1 2023, Burry reportedly bought more than $23 million worth of banking stocks, including Wells Fargo (WFC), Capital One (COF), Huntington Bank (HBAN), Western Alliance Bank (WAL), First Republic (FRC), New York Community Bancorp (NYCB) and PacWest (PACW). Now, in Q2 Burry zeroed his exposure on all listed banks, except New York Community Bancorp, which he reduced by 76%, to $2.2 million &#34;only.&#34;</p><p>It is not clear whether Burry made money on his bet on regional banks. Because although shares in New York Community Bancorp and Western Alliance Bank recovered quite nicely through the June quarter, First Republic stock crashed to zero, and was subsequently taken over by JPMorgan Chase (JPM); while PacWest recently announced to merge with Bank of California.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e85d06bd962ae6350d57aa2033b86012\" alt=\"Seeking Alpha\" title=\"Seeking Alpha\" tg-width=\"640\" tg-height=\"225\"/><span>Seeking Alpha</span></p><p>In Q1, Burry&#39;s largest positions were JD.Com, with $11 million worth of stock, and Alibaba with $10.2 million worth of stock. Now in Q2, however, Burry exited these positions completely -- likely at a loss.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3ba9d7f20b428caa6f0a0e88b73692cb\" alt=\"Seeking Alpha\" title=\"Seeking Alpha\" tg-width=\"640\" tg-height=\"228\"/><span>Seeking Alpha</span></p><h2 id=\"id_2369082359\">About 6% Of Burry&#39;s Portfolio Is &#34;Long&#34;</h2><p>About 94% of Burry&#39;s notional portfolio exposure is &#34;Short&#34; the major equity indices, SPY and QQQ. However, while Burry&#39;s overall macro positioning is undoubtedly bearish, he still sees value in a few selected names: in Q2, Burry added some exposure to the travel industry, buying some shares in <a href=\"https://laohu8.com/S/EXPE\">Expedia</a> (EXPE) and MGM Resorts (MGM), bringing his holdings to $10.9 and $6.6 million, respectively. Burry also added exposure to healthcare companies Cigna (CI, $7.7 million) and CVS Health (CVS, now $6.9 million). With regards to notable <em>new</em> positions, Burry bought $4.7 million worth of shares in <a href=\"https://laohu8.com/S/WBD\">Warner Bros. Discovery</a> (WBD), and he also opened a $5.7 million position in Stellantis (STLA), a stock that I personally like a lot, and rated &#34;Strong Buy.&#34;</p><h2 id=\"id_4256269471\">Conclusion</h2><p>Dr. Michael Burry has disclosed a massive bet against the U.S. stock market, buying puts on approximately $1.6 billion worth of SPY and QQQ notional. In line with a bearish macro view, Burry trimmed his positions in regional bank shares and exited his bets on China e-commerce giants JD.Com and Alibaba.</p><p>With about 6% of Burry&#39;s portfolio being long equities, Burry sees value in selected names like Expedia, MGM Resorts, CVS Health, Cigna, Warner Bros. Discovery and Stellantis.</p><p>Reflecting on Burry&#39;s &#34;Big Short&#34; portfolio positioning, I would like to point out that the reasoning behind his bearish bets remains clouded, and only open to speculation. Moreover, referencing the data points disclosed with the 13F filing, it is impossible to know what strike and duration Dr. Burry is targeting with his bearish options bet. Overall, however, it should be left no doubt that the &#34;Big Short&#34; investor is positioning for an aggressive re-rating in equity prices.</p><p>While Dr. Burry supports a &#34;Big Short&#34; thesis, there are also arguments for a &#34;Big Long,&#34; in my opinion. In fact, I continue to believe that the U.S. stock market is in a Bull market; and for a more detailed argument on the thesis, I would like to point to my recent writing - here.</p><p>Editor&#39;s Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry's Next Big Short: Betting $1.6 Billion Against The U.S. Stock Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichael Burry's Next Big Short: Betting $1.6 Billion Against The U.S. Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-15 22:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4628347-michael-burrys-next-big-short-betting-1-6-billion-against-the-us-stock-market><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMichael Burry has bet close to $1.6 billion on a stock market crash, loading up on put options against the U.S. stock market.Burry trimmed his positions in regional bank shares and exited his ...</p>\n\n<a href=\"https://seekingalpha.com/article/4628347-michael-burrys-next-big-short-betting-1-6-billion-against-the-us-stock-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU2552382132.HKD":"WELLINGTON US BRAND POWER \"A\" (HKD) ACC","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4099":"汽车制造商","BK4142":"酒店、度假村与豪华游轮","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","LU0128526141.USD":"TEMPLETON GLOBAL SMALLER COMPANIES \"A\" ACC","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","LU1861217088.USD":"贝莱德金融科技A2","BK4566":"资本集团","BK4509":"腾讯概念","BK4508":"社交媒体","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD",".DJI":"道琼斯","BK4207":"综合性银行",".IXIC":"NASDAQ Composite","LU0029874061.USD":"TEMPLETON GLOBAL SMALLER COMPANIES \"A\" YDIS INC","BK4561":"索罗斯持仓","LU0976567544.SGD":"FTIF - Templeton Global Income A Mdis SGD-H1",".SPX":"S&P 500 Index","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC"},"source_url":"https://seekingalpha.com/article/4628347-michael-burrys-next-big-short-betting-1-6-billion-against-the-us-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2359857934","content_text":"SummaryMichael Burry has bet close to $1.6 billion on a stock market crash, loading up on put options against the U.S. stock market.Burry trimmed his positions in regional bank shares and exited his bets on China e-commerce giants JD.Com and Alibaba.About 94% of Burry's portfolio is \"short\" the major equity indices, but he still sees value in selected names like Expedia and MGM Resorts.Astrid StawiarzMichael Burry's 13F - SummaryDr. Michael Burry, the famous \"Big Short\" hedge fund manager known for accurately predicting the 2008 subprime mortgage crisis, has apparently found a new \"Big Short\" opportunity: betting more than $1.6 billion on a stock market crash.In line with a bearish macro view, Dr. Burry aggressively trimmed his positions in regional bank shares and exited his bet on China e-commerce giants JD.Com (JD) and Alibaba (BABA).Big Short On U.S. StocksAccording to Scion Asset management's most recent 13F filing, dated 14 August, Dr. Burry has loaded up on put options against the U.S. stock market. As of the end of Q2 2023, Burry owned puts on 2,000,000 shares of the SPDR S&P 500 ETF Trust (NYSEARCA:SPY), which tracks the performance of the S&P 500 (SP500), as well as puts on 2,000,000 shares of the Invesco QQQ ETF (NASDAQ:QQQ), which mirrors the performance of the tech-focused Nasdaq 100-index. Notably, the notional value of these puts was $886.6 million for the SPY, and $738.8 million for QQQ, respectively, adding up to $1,625 million.Scion Asset Management, LLC Q2 2023 13F HoldingsNeedless to say, Burry's aggressive short on SPY and QQQ is quite an attention grabber, and with independently-thinking investor like Burry being so bearish, investors should definitely take note. That said, however, investors should also consider that Burry has already warned of a crash in early 2023, posting a \"Sell\" tweet on Twitter/ X ...Twitter/ X, Michael Burry Archive... only to change his view on the stock market 3 months later, when Burry withdrew his Sell recommendation.Twitter/ X, Michael Burry ArchiveBank, China Stocks ZeroedWhile Burry loaded up on a bearish macro bet, shorting the U.S. equity markets, he aggressively trimmed the majority of his regional bank exposure.In Q1 2023, Burry reportedly bought more than $23 million worth of banking stocks, including Wells Fargo (WFC), Capital One (COF), Huntington Bank (HBAN), Western Alliance Bank (WAL), First Republic (FRC), New York Community Bancorp (NYCB) and PacWest (PACW). Now, in Q2 Burry zeroed his exposure on all listed banks, except New York Community Bancorp, which he reduced by 76%, to $2.2 million \"only.\"It is not clear whether Burry made money on his bet on regional banks. Because although shares in New York Community Bancorp and Western Alliance Bank recovered quite nicely through the June quarter, First Republic stock crashed to zero, and was subsequently taken over by JPMorgan Chase (JPM); while PacWest recently announced to merge with Bank of California.Seeking AlphaIn Q1, Burry's largest positions were JD.Com, with $11 million worth of stock, and Alibaba with $10.2 million worth of stock. Now in Q2, however, Burry exited these positions completely -- likely at a loss.Seeking AlphaAbout 6% Of Burry's Portfolio Is \"Long\"About 94% of Burry's notional portfolio exposure is \"Short\" the major equity indices, SPY and QQQ. However, while Burry's overall macro positioning is undoubtedly bearish, he still sees value in a few selected names: in Q2, Burry added some exposure to the travel industry, buying some shares in Expedia (EXPE) and MGM Resorts (MGM), bringing his holdings to $10.9 and $6.6 million, respectively. Burry also added exposure to healthcare companies Cigna (CI, $7.7 million) and CVS Health (CVS, now $6.9 million). With regards to notable new positions, Burry bought $4.7 million worth of shares in Warner Bros. Discovery (WBD), and he also opened a $5.7 million position in Stellantis (STLA), a stock that I personally like a lot, and rated \"Strong Buy.\"ConclusionDr. Michael Burry has disclosed a massive bet against the U.S. stock market, buying puts on approximately $1.6 billion worth of SPY and QQQ notional. In line with a bearish macro view, Burry trimmed his positions in regional bank shares and exited his bets on China e-commerce giants JD.Com and Alibaba.With about 6% of Burry's portfolio being long equities, Burry sees value in selected names like Expedia, MGM Resorts, CVS Health, Cigna, Warner Bros. Discovery and Stellantis.Reflecting on Burry's \"Big Short\" portfolio positioning, I would like to point out that the reasoning behind his bearish bets remains clouded, and only open to speculation. Moreover, referencing the data points disclosed with the 13F filing, it is impossible to know what strike and duration Dr. Burry is targeting with his bearish options bet. Overall, however, it should be left no doubt that the \"Big Short\" investor is positioning for an aggressive re-rating in equity prices.While Dr. Burry supports a \"Big Short\" thesis, there are also arguments for a \"Big Long,\" in my opinion. In fact, I continue to believe that the U.S. stock market is in a Bull market; and for a more detailed argument on the thesis, I would like to point to my recent writing - here.Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808131937,"gmtCreate":1627563812429,"gmtModify":1703492428565,"author":{"id":"4087567083492380","authorId":"4087567083492380","authorIdStr":"4087567083492380","name":"Strikecal","avatar":"https://static.tigerbbs.com/360c96548df1a374b583f56a81ff3bc6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087567083492380"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>?&nbsp;HODL HODL","listText":"<a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>?&nbsp;HODL HODL","text":"$DiDi Global Inc.(DIDI)$? HODL HODL","images":[{"img":"https://static.tigerbbs.com/177362d837451147aec382b5c621264e","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808131937","isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":152534629,"gmtCreate":1625309471861,"gmtModify":1703740299551,"author":{"id":"4087567083492380","authorId":"4087567083492380","authorIdStr":"4087567083492380","name":"Strikecal","avatar":"https://static.tigerbbs.com/360c96548df1a374b583f56a81ff3bc6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087567083492380"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BRK.B\">$Berkshire Hathaway(BRK.B)$</a>No pain no gain&nbsp;","listText":"<a href=\"https://laohu8.com/S/BRK.B\">$Berkshire Hathaway(BRK.B)$</a>No pain no gain&nbsp;","text":"$Berkshire Hathaway(BRK.B)$No pain no gain","images":[{"img":"https://static.tigerbbs.com/29797b35163231cbff96214245af64b8","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152534629","isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":159999491,"gmtCreate":1624934196513,"gmtModify":1703848300227,"author":{"id":"4087567083492380","authorId":"4087567083492380","authorIdStr":"4087567083492380","name":"Strikecal","avatar":"https://static.tigerbbs.com/360c96548df1a374b583f56a81ff3bc6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087567083492380"},"themes":[],"htmlText":"HODL","listText":"HODL","text":"HODL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159999491","repostId":"1166488790","repostType":4,"repost":{"id":"1166488790","pubTimestamp":1624933653,"share":"https://ttm.financial/m/news/1166488790?lang=&edition=fundamental","pubTime":"2021-06-29 10:27","market":"us","language":"en","title":"Vin Diesel helps supercharge AMC stock, while Dave & Buster’s rising social-media mentions raise eyebrows among those fearing scam","url":"https://stock-news.laohu8.com/highlight/detail?id=1166488790","media":"Marketwatch","summary":"AMC Entertainment’s shares on Monday were too fast and too furious for short sellers, while Dave & B","content":"<p>AMC Entertainment’s shares on Monday were too fast and too furious for short sellers, while Dave &amp; Buster’s stock&nbsp;mentions on community-investing platforms elicited some skepticism.</p>\n<p>“F9,” The ninth installment of Vin Diesel’s “Fast &amp; Furious” franchise,pulled down $70 million over its opening weekendafter opting for a theater-only release, potentially marking a major turning point for a film industry that turned to a streaming model during the ravages of the COVID pandemic.</p>\n<p>It has been hard to find any group of investors more thrilled by the continuing financial success of the movie franchise, led by fictional heroDom Torettoand his merry group of Corona-drinking street racers, than retail investors committed to holding shares of AMC.</p>\n<p>The Diesel-powered, “F9″ weekend box office helped AMC shares climb as high as 9% Monday, before the stock gave back some of those gains, as investors used the stellar ticket sales as evidence that the reported death of movie theaters has been greatly exaggerated.</p>\n<p>“What a weekend for the big screen!” Adam Aron, the increasingly social-media-savvy chief executive of AMC,tweeted Monday morning.</p>\n<p>Aron’s tweet, to which he attached an image of an “F9” poster featuring the films’s star-studded&nbsp;cast, went on to credit “F9”s “gangbuster opening” with bringing 2 million Americans into AMC’s theaters over the weekend, and 2.5 million globally.</p>\n<p>“Both RECORD NUMBERS since re-opening our theatres,” Aron declared.</p>\n<p>Aron, who has made a habit of engaging directly with AMC’s individual-investor fan base, offering free popcorn and other perksto AMC HODLers, aka long-term holders, definitely got a response from the Reddit crowd.</p>\n<p>“I did a Capitalism,” responded Rhino57 to a post of Aron’s tweet on Reddit board AMCStock. “I went and supported AMC this weekend after market close on Friday and got the biggest tub of popcorn they had!”</p>\n<p>While Aron’s tweet also elicited some complaints that a resurgent summer box office should delay hisplan to sell 25 million new shares, Redditors would be pleased to see that “F9”s success had little effect on short sellers.</p>\n<p>According to Fintel data, the stock remains in the top 200 short-squeeze targets of the almost 9,000 companies tracked by the site. Even the addition of pro wrestler-turned-movie star John Cena to the franchise didn’t spook the shorts as AMC’s short interest remained at 29.87%, identical to Friday.</p>\n<p>Pleased to see AMC short sellers — those betting for a fall in value of the company’s shares — right where they claim to want them, one individual investor indulged in film criticism of “F9” to lay out their case for AMC’s “#hotstocksummer.”</p>\n<p>“Just imagine what would have happened if it was actually a good movie too,” mused Data_Dealer, speculating that the return of the Marvel Cinematic Universe as the knockout punch: “Black Widow should do record numbers period, not record COVID numbers.”</p>\n<p>AMC’s spiritual meme twin also had a positive day. GameStop&nbsp;shares closed up on the day despite a decision from Baird to cease coverage, with analyst Colin Sebastianwriting in a notethat the company’s lack of a clear plan and lack of fundamental impetus have made it too difficult for him to give “a reasonable stock rating recommendation to institutional investors.”</p>\n<p>Meanwhile, like a lonely 20-something with a hankering for blue drinks, Buffalo wings and a nasty Big Buck Hunter addiction, retail investors also were obsessing over Dave &amp; Buster’s…or at least someone wanted it to look that way.</p>\n<p>Shares in the sports bar-cum-video arcade restaurant chain were a very hot topic on Reddit boards Monday, with mentions of the ticker symbol PLAY soaring 26,700% according to HypeEquity, and trading volume had already exceeded its daily average two hours before the closing bell.</p>\n<p>But even with that action, Dave &amp; Buster’s stock ended 0.7% lower. This comes as Reddit arguments touting the chain as a cheap re-opening trade target were met with skepticism by users who saw the sudden burst of interest asevidence of a possible pump-and-dump scheme, rather than a bona fide meme-inspired gambit.</p>\n<p>There was no real news around the restaurant chain on Monday, and short interest on the stock remained minimal. Additionally, the flurry of Reddit posts promoting the stock appeared on multiple subreddits, creating what appeared to be a false surge in popularity.</p>\n<p>Backing up that skepticism was the fact that two of the top five keywords associated with Dave &amp; Buster’s posts were “Pump” and “Dump.”</p>\n<p>“Getting kinda bored with the fake management shilling has-been stocks, just for a little more pump before they dump,” complained TheColorlessPill on Reddit. “Just more evidence that [WallStreetBets] has been bought out.”</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vin Diesel helps supercharge AMC stock, while Dave & Buster’s rising social-media mentions raise eyebrows among those fearing scam</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVin Diesel helps supercharge AMC stock, while Dave & Buster’s rising social-media mentions raise eyebrows among those fearing scam\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 10:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/vin-diesel-supercharges-amcs-stocks-while-dave-busters-rising-social-media-mentions-raise-eyebrows-among-those-fearing-scam-11624912874?mod=newsviewer_click><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC Entertainment’s shares on Monday were too fast and too furious for short sellers, while Dave & Buster’s stock mentions on community-investing platforms elicited some skepticism.\n“F9,” The ninth ...</p>\n\n<a href=\"https://www.marketwatch.com/story/vin-diesel-supercharges-amcs-stocks-while-dave-busters-rising-social-media-mentions-raise-eyebrows-among-those-fearing-scam-11624912874?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLAY":"Dave & Buster","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.marketwatch.com/story/vin-diesel-supercharges-amcs-stocks-while-dave-busters-rising-social-media-mentions-raise-eyebrows-among-those-fearing-scam-11624912874?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1166488790","content_text":"AMC Entertainment’s shares on Monday were too fast and too furious for short sellers, while Dave & Buster’s stock mentions on community-investing platforms elicited some skepticism.\n“F9,” The ninth installment of Vin Diesel’s “Fast & Furious” franchise,pulled down $70 million over its opening weekendafter opting for a theater-only release, potentially marking a major turning point for a film industry that turned to a streaming model during the ravages of the COVID pandemic.\nIt has been hard to find any group of investors more thrilled by the continuing financial success of the movie franchise, led by fictional heroDom Torettoand his merry group of Corona-drinking street racers, than retail investors committed to holding shares of AMC.\nThe Diesel-powered, “F9″ weekend box office helped AMC shares climb as high as 9% Monday, before the stock gave back some of those gains, as investors used the stellar ticket sales as evidence that the reported death of movie theaters has been greatly exaggerated.\n“What a weekend for the big screen!” Adam Aron, the increasingly social-media-savvy chief executive of AMC,tweeted Monday morning.\nAron’s tweet, to which he attached an image of an “F9” poster featuring the films’s star-studded cast, went on to credit “F9”s “gangbuster opening” with bringing 2 million Americans into AMC’s theaters over the weekend, and 2.5 million globally.\n“Both RECORD NUMBERS since re-opening our theatres,” Aron declared.\nAron, who has made a habit of engaging directly with AMC’s individual-investor fan base, offering free popcorn and other perksto AMC HODLers, aka long-term holders, definitely got a response from the Reddit crowd.\n“I did a Capitalism,” responded Rhino57 to a post of Aron’s tweet on Reddit board AMCStock. “I went and supported AMC this weekend after market close on Friday and got the biggest tub of popcorn they had!”\nWhile Aron’s tweet also elicited some complaints that a resurgent summer box office should delay hisplan to sell 25 million new shares, Redditors would be pleased to see that “F9”s success had little effect on short sellers.\nAccording to Fintel data, the stock remains in the top 200 short-squeeze targets of the almost 9,000 companies tracked by the site. Even the addition of pro wrestler-turned-movie star John Cena to the franchise didn’t spook the shorts as AMC’s short interest remained at 29.87%, identical to Friday.\nPleased to see AMC short sellers — those betting for a fall in value of the company’s shares — right where they claim to want them, one individual investor indulged in film criticism of “F9” to lay out their case for AMC’s “#hotstocksummer.”\n“Just imagine what would have happened if it was actually a good movie too,” mused Data_Dealer, speculating that the return of the Marvel Cinematic Universe as the knockout punch: “Black Widow should do record numbers period, not record COVID numbers.”\nAMC’s spiritual meme twin also had a positive day. GameStop shares closed up on the day despite a decision from Baird to cease coverage, with analyst Colin Sebastianwriting in a notethat the company’s lack of a clear plan and lack of fundamental impetus have made it too difficult for him to give “a reasonable stock rating recommendation to institutional investors.”\nMeanwhile, like a lonely 20-something with a hankering for blue drinks, Buffalo wings and a nasty Big Buck Hunter addiction, retail investors also were obsessing over Dave & Buster’s…or at least someone wanted it to look that way.\nShares in the sports bar-cum-video arcade restaurant chain were a very hot topic on Reddit boards Monday, with mentions of the ticker symbol PLAY soaring 26,700% according to HypeEquity, and trading volume had already exceeded its daily average two hours before the closing bell.\nBut even with that action, Dave & Buster’s stock ended 0.7% lower. This comes as Reddit arguments touting the chain as a cheap re-opening trade target were met with skepticism by users who saw the sudden burst of interest asevidence of a possible pump-and-dump scheme, rather than a bona fide meme-inspired gambit.\nThere was no real news around the restaurant chain on Monday, and short interest on the stock remained minimal. Additionally, the flurry of Reddit posts promoting the stock appeared on multiple subreddits, creating what appeared to be a false surge in popularity.\nBacking up that skepticism was the fact that two of the top five keywords associated with Dave & Buster’s posts were “Pump” and “Dump.”\n“Getting kinda bored with the fake management shilling has-been stocks, just for a little more pump before they dump,” complained TheColorlessPill on Reddit. “Just more evidence that [WallStreetBets] has been bought out.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":209198547460120,"gmtCreate":1692110847336,"gmtModify":1692110850624,"author":{"id":"4087567083492380","authorId":"4087567083492380","authorIdStr":"4087567083492380","name":"Strikecal","avatar":"https://static.tigerbbs.com/360c96548df1a374b583f56a81ff3bc6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087567083492380"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/209198547460120","repostId":"2359857934","repostType":2,"repost":{"id":"2359857934","pubTimestamp":1692110702,"share":"https://ttm.financial/m/news/2359857934?lang=&edition=fundamental","pubTime":"2023-08-15 22:45","market":"us","language":"en","title":"Michael Burry's Next Big Short: Betting $1.6 Billion Against The U.S. Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2359857934","media":"Seeking Alpha","summary":"SummaryMichael Burry has bet close to $1.6 billion on a stock market crash, loading up on put options against the U.S. stock market.Burry trimmed his positions in regional bank shares and exited his b","content":"<html><head></head><body><h2 id=\"id_3477848707\" style=\"text-align: left;\">Summary</h2><ul><li><p>Michael Burry has bet close to $1.6 billion on a stock market crash, loading up on put options against the U.S. stock market.</p></li><li><p>Burry trimmed his positions in regional bank shares and exited his bets on China e-commerce giants JD.Com and Alibaba.</p></li><li><p>About 94% of Burry&#39;s portfolio is &#34;short&#34; the major equity indices, but he still sees value in selected names like Expedia and MGM Resorts.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b2b784c510e875a59af4d1fc92d39675\" alt=\"Astrid Stawiarz\" title=\"Astrid Stawiarz\" tg-width=\"750\" tg-height=\"511\"/><span>Astrid Stawiarz</span></p><h2 id=\"id_2263584582\">Michael Burry&#39;s 13F - Summary</h2><p>Dr. Michael Burry, the famous &#34;Big Short&#34; hedge fund manager known for accurately predicting the 2008 subprime mortgage crisis, has apparently found a new &#34;Big Short&#34; opportunity: betting more than $1.6 billion on a stock market crash.</p><p>In line with a bearish macro view, Dr. Burry aggressively trimmed his positions in regional bank shares and exited his bet on China e-commerce giants JD.Com (JD) and Alibaba (BABA).</p><h2 id=\"id_1368255888\">Big Short On U.S. Stocks</h2><p>According to Scion Asset management&#39;s most recent 13F filing, dated 14 August, Dr. Burry has loaded up on put options against the U.S. stock market. As of the end of Q2 2023, Burry owned puts on 2,000,000 shares of the SPDR S&amp;P 500 ETF Trust (NYSEARCA:SPY), which tracks the performance of the S&amp;P 500 (SP500), as well as puts on 2,000,000 shares of the Invesco QQQ ETF (NASDAQ:QQQ), which mirrors the performance of the tech-focused Nasdaq 100-index. Notably, the notional value of these puts was $886.6 million for the SPY, and $738.8 million for QQQ, respectively, adding up to $1,625 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4e61f7dfd4ac7b9caa9a8f7979e6282\" alt=\"Scion Asset Management, LLC Q2 2023 13F Holdings\" title=\"Scion Asset Management, LLC Q2 2023 13F Holdings\" tg-width=\"640\" tg-height=\"314\"/><span>Scion Asset Management, LLC Q2 2023 13F Holdings</span></p><p>Needless to say, Burry&#39;s aggressive short on SPY and QQQ is quite an attention grabber, and with independently-thinking investor like Burry being so bearish, investors should definitely take note. That said, however, investors should also consider that Burry has already warned of a crash in early 2023, posting a &#34;Sell&#34; tweet on Twitter/ X ...</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/42b1d04984847358f207d7db8d2c6961\" alt=\"Twitter/ X, Michael Burry Archive\" title=\"Twitter/ X, Michael Burry Archive\" tg-width=\"640\" tg-height=\"261\"/><span>Twitter/ X, Michael Burry Archive</span></p><p>... only to change his view on the stock market 3 months later, when Burry withdrew his Sell recommendation.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/368989ab0eb672eb26acf30500437cab\" alt=\"Twitter/ X, Michael Burry Archive\" title=\"Twitter/ X, Michael Burry Archive\" tg-width=\"640\" tg-height=\"262\"/><span>Twitter/ X, Michael Burry Archive</span></p><h2 id=\"id_547478511\">Bank, China Stocks Zeroed</h2><p>While Burry loaded up on a bearish macro bet, shorting the U.S. equity markets, he aggressively trimmed the majority of his regional bank exposure.</p><p>In Q1 2023, Burry reportedly bought more than $23 million worth of banking stocks, including Wells Fargo (WFC), Capital One (COF), Huntington Bank (HBAN), Western Alliance Bank (WAL), First Republic (FRC), New York Community Bancorp (NYCB) and PacWest (PACW). Now, in Q2 Burry zeroed his exposure on all listed banks, except New York Community Bancorp, which he reduced by 76%, to $2.2 million &#34;only.&#34;</p><p>It is not clear whether Burry made money on his bet on regional banks. Because although shares in New York Community Bancorp and Western Alliance Bank recovered quite nicely through the June quarter, First Republic stock crashed to zero, and was subsequently taken over by JPMorgan Chase (JPM); while PacWest recently announced to merge with Bank of California.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e85d06bd962ae6350d57aa2033b86012\" alt=\"Seeking Alpha\" title=\"Seeking Alpha\" tg-width=\"640\" tg-height=\"225\"/><span>Seeking Alpha</span></p><p>In Q1, Burry&#39;s largest positions were JD.Com, with $11 million worth of stock, and Alibaba with $10.2 million worth of stock. Now in Q2, however, Burry exited these positions completely -- likely at a loss.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3ba9d7f20b428caa6f0a0e88b73692cb\" alt=\"Seeking Alpha\" title=\"Seeking Alpha\" tg-width=\"640\" tg-height=\"228\"/><span>Seeking Alpha</span></p><h2 id=\"id_2369082359\">About 6% Of Burry&#39;s Portfolio Is &#34;Long&#34;</h2><p>About 94% of Burry&#39;s notional portfolio exposure is &#34;Short&#34; the major equity indices, SPY and QQQ. However, while Burry&#39;s overall macro positioning is undoubtedly bearish, he still sees value in a few selected names: in Q2, Burry added some exposure to the travel industry, buying some shares in <a href=\"https://laohu8.com/S/EXPE\">Expedia</a> (EXPE) and MGM Resorts (MGM), bringing his holdings to $10.9 and $6.6 million, respectively. Burry also added exposure to healthcare companies Cigna (CI, $7.7 million) and CVS Health (CVS, now $6.9 million). With regards to notable <em>new</em> positions, Burry bought $4.7 million worth of shares in <a href=\"https://laohu8.com/S/WBD\">Warner Bros. Discovery</a> (WBD), and he also opened a $5.7 million position in Stellantis (STLA), a stock that I personally like a lot, and rated &#34;Strong Buy.&#34;</p><h2 id=\"id_4256269471\">Conclusion</h2><p>Dr. Michael Burry has disclosed a massive bet against the U.S. stock market, buying puts on approximately $1.6 billion worth of SPY and QQQ notional. In line with a bearish macro view, Burry trimmed his positions in regional bank shares and exited his bets on China e-commerce giants JD.Com and Alibaba.</p><p>With about 6% of Burry&#39;s portfolio being long equities, Burry sees value in selected names like Expedia, MGM Resorts, CVS Health, Cigna, Warner Bros. Discovery and Stellantis.</p><p>Reflecting on Burry&#39;s &#34;Big Short&#34; portfolio positioning, I would like to point out that the reasoning behind his bearish bets remains clouded, and only open to speculation. Moreover, referencing the data points disclosed with the 13F filing, it is impossible to know what strike and duration Dr. Burry is targeting with his bearish options bet. Overall, however, it should be left no doubt that the &#34;Big Short&#34; investor is positioning for an aggressive re-rating in equity prices.</p><p>While Dr. Burry supports a &#34;Big Short&#34; thesis, there are also arguments for a &#34;Big Long,&#34; in my opinion. In fact, I continue to believe that the U.S. stock market is in a Bull market; and for a more detailed argument on the thesis, I would like to point to my recent writing - here.</p><p>Editor&#39;s Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry's Next Big Short: Betting $1.6 Billion Against The U.S. Stock Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichael Burry's Next Big Short: Betting $1.6 Billion Against The U.S. Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-15 22:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4628347-michael-burrys-next-big-short-betting-1-6-billion-against-the-us-stock-market><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMichael Burry has bet close to $1.6 billion on a stock market crash, loading up on put options against the U.S. stock market.Burry trimmed his positions in regional bank shares and exited his ...</p>\n\n<a href=\"https://seekingalpha.com/article/4628347-michael-burrys-next-big-short-betting-1-6-billion-against-the-us-stock-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU2552382132.HKD":"WELLINGTON US BRAND POWER \"A\" (HKD) ACC","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4099":"汽车制造商","BK4142":"酒店、度假村与豪华游轮","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","LU0128526141.USD":"TEMPLETON GLOBAL SMALLER COMPANIES \"A\" ACC","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","LU1861217088.USD":"贝莱德金融科技A2","BK4566":"资本集团","BK4509":"腾讯概念","BK4508":"社交媒体","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD",".DJI":"道琼斯","BK4207":"综合性银行",".IXIC":"NASDAQ Composite","LU0029874061.USD":"TEMPLETON GLOBAL SMALLER COMPANIES \"A\" YDIS INC","BK4561":"索罗斯持仓","LU0976567544.SGD":"FTIF - Templeton Global Income A Mdis SGD-H1",".SPX":"S&P 500 Index","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC"},"source_url":"https://seekingalpha.com/article/4628347-michael-burrys-next-big-short-betting-1-6-billion-against-the-us-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2359857934","content_text":"SummaryMichael Burry has bet close to $1.6 billion on a stock market crash, loading up on put options against the U.S. stock market.Burry trimmed his positions in regional bank shares and exited his bets on China e-commerce giants JD.Com and Alibaba.About 94% of Burry's portfolio is \"short\" the major equity indices, but he still sees value in selected names like Expedia and MGM Resorts.Astrid StawiarzMichael Burry's 13F - SummaryDr. Michael Burry, the famous \"Big Short\" hedge fund manager known for accurately predicting the 2008 subprime mortgage crisis, has apparently found a new \"Big Short\" opportunity: betting more than $1.6 billion on a stock market crash.In line with a bearish macro view, Dr. Burry aggressively trimmed his positions in regional bank shares and exited his bet on China e-commerce giants JD.Com (JD) and Alibaba (BABA).Big Short On U.S. StocksAccording to Scion Asset management's most recent 13F filing, dated 14 August, Dr. Burry has loaded up on put options against the U.S. stock market. As of the end of Q2 2023, Burry owned puts on 2,000,000 shares of the SPDR S&P 500 ETF Trust (NYSEARCA:SPY), which tracks the performance of the S&P 500 (SP500), as well as puts on 2,000,000 shares of the Invesco QQQ ETF (NASDAQ:QQQ), which mirrors the performance of the tech-focused Nasdaq 100-index. Notably, the notional value of these puts was $886.6 million for the SPY, and $738.8 million for QQQ, respectively, adding up to $1,625 million.Scion Asset Management, LLC Q2 2023 13F HoldingsNeedless to say, Burry's aggressive short on SPY and QQQ is quite an attention grabber, and with independently-thinking investor like Burry being so bearish, investors should definitely take note. That said, however, investors should also consider that Burry has already warned of a crash in early 2023, posting a \"Sell\" tweet on Twitter/ X ...Twitter/ X, Michael Burry Archive... only to change his view on the stock market 3 months later, when Burry withdrew his Sell recommendation.Twitter/ X, Michael Burry ArchiveBank, China Stocks ZeroedWhile Burry loaded up on a bearish macro bet, shorting the U.S. equity markets, he aggressively trimmed the majority of his regional bank exposure.In Q1 2023, Burry reportedly bought more than $23 million worth of banking stocks, including Wells Fargo (WFC), Capital One (COF), Huntington Bank (HBAN), Western Alliance Bank (WAL), First Republic (FRC), New York Community Bancorp (NYCB) and PacWest (PACW). Now, in Q2 Burry zeroed his exposure on all listed banks, except New York Community Bancorp, which he reduced by 76%, to $2.2 million \"only.\"It is not clear whether Burry made money on his bet on regional banks. Because although shares in New York Community Bancorp and Western Alliance Bank recovered quite nicely through the June quarter, First Republic stock crashed to zero, and was subsequently taken over by JPMorgan Chase (JPM); while PacWest recently announced to merge with Bank of California.Seeking AlphaIn Q1, Burry's largest positions were JD.Com, with $11 million worth of stock, and Alibaba with $10.2 million worth of stock. Now in Q2, however, Burry exited these positions completely -- likely at a loss.Seeking AlphaAbout 6% Of Burry's Portfolio Is \"Long\"About 94% of Burry's notional portfolio exposure is \"Short\" the major equity indices, SPY and QQQ. However, while Burry's overall macro positioning is undoubtedly bearish, he still sees value in a few selected names: in Q2, Burry added some exposure to the travel industry, buying some shares in Expedia (EXPE) and MGM Resorts (MGM), bringing his holdings to $10.9 and $6.6 million, respectively. Burry also added exposure to healthcare companies Cigna (CI, $7.7 million) and CVS Health (CVS, now $6.9 million). With regards to notable new positions, Burry bought $4.7 million worth of shares in Warner Bros. Discovery (WBD), and he also opened a $5.7 million position in Stellantis (STLA), a stock that I personally like a lot, and rated \"Strong Buy.\"ConclusionDr. Michael Burry has disclosed a massive bet against the U.S. stock market, buying puts on approximately $1.6 billion worth of SPY and QQQ notional. In line with a bearish macro view, Burry trimmed his positions in regional bank shares and exited his bets on China e-commerce giants JD.Com and Alibaba.With about 6% of Burry's portfolio being long equities, Burry sees value in selected names like Expedia, MGM Resorts, CVS Health, Cigna, Warner Bros. Discovery and Stellantis.Reflecting on Burry's \"Big Short\" portfolio positioning, I would like to point out that the reasoning behind his bearish bets remains clouded, and only open to speculation. Moreover, referencing the data points disclosed with the 13F filing, it is impossible to know what strike and duration Dr. Burry is targeting with his bearish options bet. Overall, however, it should be left no doubt that the \"Big Short\" investor is positioning for an aggressive re-rating in equity prices.While Dr. Burry supports a \"Big Short\" thesis, there are also arguments for a \"Big Long,\" in my opinion. In fact, I continue to believe that the U.S. stock market is in a Bull market; and for a more detailed argument on the thesis, I would like to point to my recent writing - here.Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808131937,"gmtCreate":1627563812429,"gmtModify":1703492428565,"author":{"id":"4087567083492380","authorId":"4087567083492380","authorIdStr":"4087567083492380","name":"Strikecal","avatar":"https://static.tigerbbs.com/360c96548df1a374b583f56a81ff3bc6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087567083492380"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>?&nbsp;HODL HODL","listText":"<a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>?&nbsp;HODL HODL","text":"$DiDi Global Inc.(DIDI)$? HODL HODL","images":[{"img":"https://static.tigerbbs.com/177362d837451147aec382b5c621264e","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808131937","isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":159999491,"gmtCreate":1624934196513,"gmtModify":1703848300227,"author":{"id":"4087567083492380","authorId":"4087567083492380","authorIdStr":"4087567083492380","name":"Strikecal","avatar":"https://static.tigerbbs.com/360c96548df1a374b583f56a81ff3bc6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087567083492380"},"themes":[],"htmlText":"HODL","listText":"HODL","text":"HODL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159999491","repostId":"1166488790","repostType":4,"repost":{"id":"1166488790","pubTimestamp":1624933653,"share":"https://ttm.financial/m/news/1166488790?lang=&edition=fundamental","pubTime":"2021-06-29 10:27","market":"us","language":"en","title":"Vin Diesel helps supercharge AMC stock, while Dave & Buster’s rising social-media mentions raise eyebrows among those fearing scam","url":"https://stock-news.laohu8.com/highlight/detail?id=1166488790","media":"Marketwatch","summary":"AMC Entertainment’s shares on Monday were too fast and too furious for short sellers, while Dave & B","content":"<p>AMC Entertainment’s shares on Monday were too fast and too furious for short sellers, while Dave &amp; Buster’s stock&nbsp;mentions on community-investing platforms elicited some skepticism.</p>\n<p>“F9,” The ninth installment of Vin Diesel’s “Fast &amp; Furious” franchise,pulled down $70 million over its opening weekendafter opting for a theater-only release, potentially marking a major turning point for a film industry that turned to a streaming model during the ravages of the COVID pandemic.</p>\n<p>It has been hard to find any group of investors more thrilled by the continuing financial success of the movie franchise, led by fictional heroDom Torettoand his merry group of Corona-drinking street racers, than retail investors committed to holding shares of AMC.</p>\n<p>The Diesel-powered, “F9″ weekend box office helped AMC shares climb as high as 9% Monday, before the stock gave back some of those gains, as investors used the stellar ticket sales as evidence that the reported death of movie theaters has been greatly exaggerated.</p>\n<p>“What a weekend for the big screen!” Adam Aron, the increasingly social-media-savvy chief executive of AMC,tweeted Monday morning.</p>\n<p>Aron’s tweet, to which he attached an image of an “F9” poster featuring the films’s star-studded&nbsp;cast, went on to credit “F9”s “gangbuster opening” with bringing 2 million Americans into AMC’s theaters over the weekend, and 2.5 million globally.</p>\n<p>“Both RECORD NUMBERS since re-opening our theatres,” Aron declared.</p>\n<p>Aron, who has made a habit of engaging directly with AMC’s individual-investor fan base, offering free popcorn and other perksto AMC HODLers, aka long-term holders, definitely got a response from the Reddit crowd.</p>\n<p>“I did a Capitalism,” responded Rhino57 to a post of Aron’s tweet on Reddit board AMCStock. “I went and supported AMC this weekend after market close on Friday and got the biggest tub of popcorn they had!”</p>\n<p>While Aron’s tweet also elicited some complaints that a resurgent summer box office should delay hisplan to sell 25 million new shares, Redditors would be pleased to see that “F9”s success had little effect on short sellers.</p>\n<p>According to Fintel data, the stock remains in the top 200 short-squeeze targets of the almost 9,000 companies tracked by the site. Even the addition of pro wrestler-turned-movie star John Cena to the franchise didn’t spook the shorts as AMC’s short interest remained at 29.87%, identical to Friday.</p>\n<p>Pleased to see AMC short sellers — those betting for a fall in value of the company’s shares — right where they claim to want them, one individual investor indulged in film criticism of “F9” to lay out their case for AMC’s “#hotstocksummer.”</p>\n<p>“Just imagine what would have happened if it was actually a good movie too,” mused Data_Dealer, speculating that the return of the Marvel Cinematic Universe as the knockout punch: “Black Widow should do record numbers period, not record COVID numbers.”</p>\n<p>AMC’s spiritual meme twin also had a positive day. GameStop&nbsp;shares closed up on the day despite a decision from Baird to cease coverage, with analyst Colin Sebastianwriting in a notethat the company’s lack of a clear plan and lack of fundamental impetus have made it too difficult for him to give “a reasonable stock rating recommendation to institutional investors.”</p>\n<p>Meanwhile, like a lonely 20-something with a hankering for blue drinks, Buffalo wings and a nasty Big Buck Hunter addiction, retail investors also were obsessing over Dave &amp; Buster’s…or at least someone wanted it to look that way.</p>\n<p>Shares in the sports bar-cum-video arcade restaurant chain were a very hot topic on Reddit boards Monday, with mentions of the ticker symbol PLAY soaring 26,700% according to HypeEquity, and trading volume had already exceeded its daily average two hours before the closing bell.</p>\n<p>But even with that action, Dave &amp; Buster’s stock ended 0.7% lower. This comes as Reddit arguments touting the chain as a cheap re-opening trade target were met with skepticism by users who saw the sudden burst of interest asevidence of a possible pump-and-dump scheme, rather than a bona fide meme-inspired gambit.</p>\n<p>There was no real news around the restaurant chain on Monday, and short interest on the stock remained minimal. Additionally, the flurry of Reddit posts promoting the stock appeared on multiple subreddits, creating what appeared to be a false surge in popularity.</p>\n<p>Backing up that skepticism was the fact that two of the top five keywords associated with Dave &amp; Buster’s posts were “Pump” and “Dump.”</p>\n<p>“Getting kinda bored with the fake management shilling has-been stocks, just for a little more pump before they dump,” complained TheColorlessPill on Reddit. “Just more evidence that [WallStreetBets] has been bought out.”</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vin Diesel helps supercharge AMC stock, while Dave & Buster’s rising social-media mentions raise eyebrows among those fearing scam</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVin Diesel helps supercharge AMC stock, while Dave & Buster’s rising social-media mentions raise eyebrows among those fearing scam\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 10:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/vin-diesel-supercharges-amcs-stocks-while-dave-busters-rising-social-media-mentions-raise-eyebrows-among-those-fearing-scam-11624912874?mod=newsviewer_click><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC Entertainment’s shares on Monday were too fast and too furious for short sellers, while Dave & Buster’s stock mentions on community-investing platforms elicited some skepticism.\n“F9,” The ninth ...</p>\n\n<a href=\"https://www.marketwatch.com/story/vin-diesel-supercharges-amcs-stocks-while-dave-busters-rising-social-media-mentions-raise-eyebrows-among-those-fearing-scam-11624912874?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLAY":"Dave & Buster","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.marketwatch.com/story/vin-diesel-supercharges-amcs-stocks-while-dave-busters-rising-social-media-mentions-raise-eyebrows-among-those-fearing-scam-11624912874?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1166488790","content_text":"AMC Entertainment’s shares on Monday were too fast and too furious for short sellers, while Dave & Buster’s stock mentions on community-investing platforms elicited some skepticism.\n“F9,” The ninth installment of Vin Diesel’s “Fast & Furious” franchise,pulled down $70 million over its opening weekendafter opting for a theater-only release, potentially marking a major turning point for a film industry that turned to a streaming model during the ravages of the COVID pandemic.\nIt has been hard to find any group of investors more thrilled by the continuing financial success of the movie franchise, led by fictional heroDom Torettoand his merry group of Corona-drinking street racers, than retail investors committed to holding shares of AMC.\nThe Diesel-powered, “F9″ weekend box office helped AMC shares climb as high as 9% Monday, before the stock gave back some of those gains, as investors used the stellar ticket sales as evidence that the reported death of movie theaters has been greatly exaggerated.\n“What a weekend for the big screen!” Adam Aron, the increasingly social-media-savvy chief executive of AMC,tweeted Monday morning.\nAron’s tweet, to which he attached an image of an “F9” poster featuring the films’s star-studded cast, went on to credit “F9”s “gangbuster opening” with bringing 2 million Americans into AMC’s theaters over the weekend, and 2.5 million globally.\n“Both RECORD NUMBERS since re-opening our theatres,” Aron declared.\nAron, who has made a habit of engaging directly with AMC’s individual-investor fan base, offering free popcorn and other perksto AMC HODLers, aka long-term holders, definitely got a response from the Reddit crowd.\n“I did a Capitalism,” responded Rhino57 to a post of Aron’s tweet on Reddit board AMCStock. “I went and supported AMC this weekend after market close on Friday and got the biggest tub of popcorn they had!”\nWhile Aron’s tweet also elicited some complaints that a resurgent summer box office should delay hisplan to sell 25 million new shares, Redditors would be pleased to see that “F9”s success had little effect on short sellers.\nAccording to Fintel data, the stock remains in the top 200 short-squeeze targets of the almost 9,000 companies tracked by the site. Even the addition of pro wrestler-turned-movie star John Cena to the franchise didn’t spook the shorts as AMC’s short interest remained at 29.87%, identical to Friday.\nPleased to see AMC short sellers — those betting for a fall in value of the company’s shares — right where they claim to want them, one individual investor indulged in film criticism of “F9” to lay out their case for AMC’s “#hotstocksummer.”\n“Just imagine what would have happened if it was actually a good movie too,” mused Data_Dealer, speculating that the return of the Marvel Cinematic Universe as the knockout punch: “Black Widow should do record numbers period, not record COVID numbers.”\nAMC’s spiritual meme twin also had a positive day. GameStop shares closed up on the day despite a decision from Baird to cease coverage, with analyst Colin Sebastianwriting in a notethat the company’s lack of a clear plan and lack of fundamental impetus have made it too difficult for him to give “a reasonable stock rating recommendation to institutional investors.”\nMeanwhile, like a lonely 20-something with a hankering for blue drinks, Buffalo wings and a nasty Big Buck Hunter addiction, retail investors also were obsessing over Dave & Buster’s…or at least someone wanted it to look that way.\nShares in the sports bar-cum-video arcade restaurant chain were a very hot topic on Reddit boards Monday, with mentions of the ticker symbol PLAY soaring 26,700% according to HypeEquity, and trading volume had already exceeded its daily average two hours before the closing bell.\nBut even with that action, Dave & Buster’s stock ended 0.7% lower. This comes as Reddit arguments touting the chain as a cheap re-opening trade target were met with skepticism by users who saw the sudden burst of interest asevidence of a possible pump-and-dump scheme, rather than a bona fide meme-inspired gambit.\nThere was no real news around the restaurant chain on Monday, and short interest on the stock remained minimal. Additionally, the flurry of Reddit posts promoting the stock appeared on multiple subreddits, creating what appeared to be a false surge in popularity.\nBacking up that skepticism was the fact that two of the top five keywords associated with Dave & Buster’s posts were “Pump” and “Dump.”\n“Getting kinda bored with the fake management shilling has-been stocks, just for a little more pump before they dump,” complained TheColorlessPill on Reddit. “Just more evidence that [WallStreetBets] has been bought out.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311026231005208,"gmtCreate":1716939742840,"gmtModify":1716939746443,"author":{"id":"4087567083492380","authorId":"4087567083492380","authorIdStr":"4087567083492380","name":"Strikecal","avatar":"https://static.tigerbbs.com/360c96548df1a374b583f56a81ff3bc6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087567083492380"},"themes":[],"htmlText":"Iii","listText":"Iii","text":"Iii","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311026231005208","repostId":"1154906470","repostType":2,"repost":{"id":"1154906470","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1716939144,"share":"https://ttm.financial/m/news/1154906470?lang=&edition=fundamental","pubTime":"2024-05-29 07:32","market":"us","language":"en","title":"Post-Bell | Nasdaq Closes Above 17,000; Nvidia Jumps 7%, Pushing Its Market Value Closer to Apple; GameStop Climbs 25%","url":"https://stock-news.laohu8.com/highlight/detail?id=1154906470","media":"Tiger Newspress","summary":"The Nasdaq crossed 17,000 for the first time ever on Tuesday, boosted by gains in Nvidia, while the S&P 500 closed barely higher and the Dow ended lower as Treasury yields rose.Nvidia jumped 7% and bo","content":"<html><head></head><body><p>The Nasdaq crossed 17,000 for the first time ever on Tuesday, boosted by gains in Nvidia, while the S&amp;P 500 closed barely higher and the Dow ended lower as Treasury yields rose.</p><p>Nvidia jumped 7% and boosted shares of other chip stocks as traders returned from a holiday-extended weekend. An index of semiconductors rose 1.9%.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average fell 216.73 points, or 0.55%, to 38,852.86, the S&amp;P 500 gained 1.32 points, or 0.02%, to 5,306.04 and the Nasdaq Composite gained 99.09 points, or 0.59%, to 17,019.88.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b9e6d7637099a80acda9b18135e3bbc2\" title=\"\" tg-width=\"508\" tg-height=\"105\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p><strong>GameStop</strong> jumped 25% after the videogame retailer on Friday said it completed an equity offering of 45 million shares for proceeds of about $933.4 million. GameStop said proceeds would be used for general corporate purposes, “which may include acquisitions and investments.” The at-the-market offering was disclosed in a filing May 17.</p><p style=\"text-align: start;\"><strong>Nvidia</strong> was up 7%. Shares of the chip maker were getting a boost from an announcement by Elon Musk that his xAI start-up raised $6 billion in its latest round of fund-raising. It’s expected that much of the newly raised cash should be spent on Nvidia’s hardware.</p><p style=\"text-align: start;\"><strong>Apple</strong> initially rose after Bloomberg, citing figures from the China Academy of Information and Communications Technology, reported that iPhone shipments in China rose 52% from a year earlier. But the stock ended the day flat.</p><p style=\"text-align: start;\"><strong>DraftKings</strong> fell 10% after Illinois senators passed a new budget that includes a tax increase on sports-betting operators. The legislation would make Illinois the second-most expensive state for wagering operators to do business in, according to iGamingBusiness.com. Flutter Entertainment, the parent company of FanDuel, declined 7.7%.</p><p style=\"text-align: start;\"><strong>Insmed</strong> surged 119% after the biopharmaceutical company reported positive top-line results from a Phase 3 study of its treatment for non-cystic fibrosis bronchiectasis. Insmed said it planned to file a new drug application with the Food and Drug Administration for brensocatib in patients with bronchiectasis in the fourth quarter.</p><p style=\"text-align: start;\"><strong>U.S. Cellular</strong> jumped 12% after T-Mobile agreed to acquire most of U.S. Cellular’s operations in a deal for roughly $4.4 billion. T-Mobile said it was buying “substantially all” of U.S. Cellular’s wireless operations and certain spectrum assets. The purchase price includes about $2 billion of assumed debt. The parent company of U.S. Cellular, Telephone &amp; Data Systems, was up 1.7%. T-Mobile rose 0.8%.</p><p style=\"text-align: start;\"><strong>Duolingo</strong> jumped 8.8% to $194.16 after analysts at JMP Securities upgraded shares of the language-learning app company to Outperform from Market Perform with a price target of $260.</p><p style=\"text-align: start;\"><strong>Norwegian Cruise Line Holdings</strong> was upgraded by Mizuho Securities to Buy from Neutral and the price target was raised to $24 from $21. The stock was up 3.5% to $16.56.</p><h3 id=\"id_2793407076\" style=\"text-align: start;\">Nvidia’s Market Cap Hasn’t Been This Close to Apple’s Since 2009</h3><p>Nvidia shares are on a major hot streak, while Apple’s stock has been in a rut this year. Now, the market-cap gap between the two companies is the tightest it’s been since 2009, as the chip maker looks to be the third-ever U.S. company to finish a trading day with a $3 trillion valuation.</p><p>As of the end of Tuesday’s session, Nvidia had a $2.848 trillion valuation, while Apple had a $2.913 trillion valuation. That meant the margin between the two was $65.80 billion — the narrowest it’s been since Jan. 20, 2009, according to Dow Jones Market Data.</p><p>The gap is nearly the size of Apple’s entire market cap at that January 2009 point: Back then, Apple’s market value was $69.56 billion, while Nvidia’s was $3.87 billion.</p><h3 id=\"id_564989988\" style=\"text-align: start;\">Cathie Wood’s $60 Million Venture Fund Nabs Stake in Elon Musk’s xAI</h3><p>Cathie Wood’s Ark Investment Management has purchased a stake in Elon Musk’s artificial-intelligence startup xAI, part of a growing wager that the nascent AI industry will revolutionize global tech.</p><p style=\"text-align: start;\">Wood’s Ark Venture Fund revealed the stake in an email to clients Tuesday. It represents about 2% of the fund’s holdings, Ark Chief Futurist Brett Winton said in an interview. The purchase comes a month after the fund disclosed a position in OpenAI that made up roughly 4% of its holdings. The closed-end interval fund also has a stake in AI firm Anthropic, accounting for about 5% of assets.</p><h3 id=\"id_247944701\" style=\"text-align: start;\">Robinhood Jumps on Plan to Buy Back Up to $1 Billion of Shares</h3><p>Robinhood Markets Inc. jumped after the retail brokerage announced a plan to repurchase as much as $1 billion of its own shares.</p><p style=\"text-align: start;\">The firm expects the buyback program to kick off in the third quarter and take place over a two to three year period, it said Tuesday in a filing. Shares in Robinhood jumped as much as 7.4% in late New York trading after the company said its board approved the repurchase plan.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Post-Bell | Nasdaq Closes Above 17,000; Nvidia Jumps 7%, Pushing Its Market Value Closer to Apple; GameStop Climbs 25%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPost-Bell | Nasdaq Closes Above 17,000; Nvidia Jumps 7%, Pushing Its Market Value Closer to Apple; GameStop Climbs 25%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-05-29 07:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Nasdaq crossed 17,000 for the first time ever on Tuesday, boosted by gains in Nvidia, while the S&amp;P 500 closed barely higher and the Dow ended lower as Treasury yields rose.</p><p>Nvidia jumped 7% and boosted shares of other chip stocks as traders returned from a holiday-extended weekend. An index of semiconductors rose 1.9%.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average fell 216.73 points, or 0.55%, to 38,852.86, the S&amp;P 500 gained 1.32 points, or 0.02%, to 5,306.04 and the Nasdaq Composite gained 99.09 points, or 0.59%, to 17,019.88.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b9e6d7637099a80acda9b18135e3bbc2\" title=\"\" tg-width=\"508\" tg-height=\"105\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p><strong>GameStop</strong> jumped 25% after the videogame retailer on Friday said it completed an equity offering of 45 million shares for proceeds of about $933.4 million. GameStop said proceeds would be used for general corporate purposes, “which may include acquisitions and investments.” The at-the-market offering was disclosed in a filing May 17.</p><p style=\"text-align: start;\"><strong>Nvidia</strong> was up 7%. Shares of the chip maker were getting a boost from an announcement by Elon Musk that his xAI start-up raised $6 billion in its latest round of fund-raising. It’s expected that much of the newly raised cash should be spent on Nvidia’s hardware.</p><p style=\"text-align: start;\"><strong>Apple</strong> initially rose after Bloomberg, citing figures from the China Academy of Information and Communications Technology, reported that iPhone shipments in China rose 52% from a year earlier. But the stock ended the day flat.</p><p style=\"text-align: start;\"><strong>DraftKings</strong> fell 10% after Illinois senators passed a new budget that includes a tax increase on sports-betting operators. The legislation would make Illinois the second-most expensive state for wagering operators to do business in, according to iGamingBusiness.com. Flutter Entertainment, the parent company of FanDuel, declined 7.7%.</p><p style=\"text-align: start;\"><strong>Insmed</strong> surged 119% after the biopharmaceutical company reported positive top-line results from a Phase 3 study of its treatment for non-cystic fibrosis bronchiectasis. Insmed said it planned to file a new drug application with the Food and Drug Administration for brensocatib in patients with bronchiectasis in the fourth quarter.</p><p style=\"text-align: start;\"><strong>U.S. Cellular</strong> jumped 12% after T-Mobile agreed to acquire most of U.S. Cellular’s operations in a deal for roughly $4.4 billion. T-Mobile said it was buying “substantially all” of U.S. Cellular’s wireless operations and certain spectrum assets. The purchase price includes about $2 billion of assumed debt. The parent company of U.S. Cellular, Telephone &amp; Data Systems, was up 1.7%. T-Mobile rose 0.8%.</p><p style=\"text-align: start;\"><strong>Duolingo</strong> jumped 8.8% to $194.16 after analysts at JMP Securities upgraded shares of the language-learning app company to Outperform from Market Perform with a price target of $260.</p><p style=\"text-align: start;\"><strong>Norwegian Cruise Line Holdings</strong> was upgraded by Mizuho Securities to Buy from Neutral and the price target was raised to $24 from $21. The stock was up 3.5% to $16.56.</p><h3 id=\"id_2793407076\" style=\"text-align: start;\">Nvidia’s Market Cap Hasn’t Been This Close to Apple’s Since 2009</h3><p>Nvidia shares are on a major hot streak, while Apple’s stock has been in a rut this year. Now, the market-cap gap between the two companies is the tightest it’s been since 2009, as the chip maker looks to be the third-ever U.S. company to finish a trading day with a $3 trillion valuation.</p><p>As of the end of Tuesday’s session, Nvidia had a $2.848 trillion valuation, while Apple had a $2.913 trillion valuation. That meant the margin between the two was $65.80 billion — the narrowest it’s been since Jan. 20, 2009, according to Dow Jones Market Data.</p><p>The gap is nearly the size of Apple’s entire market cap at that January 2009 point: Back then, Apple’s market value was $69.56 billion, while Nvidia’s was $3.87 billion.</p><h3 id=\"id_564989988\" style=\"text-align: start;\">Cathie Wood’s $60 Million Venture Fund Nabs Stake in Elon Musk’s xAI</h3><p>Cathie Wood’s Ark Investment Management has purchased a stake in Elon Musk’s artificial-intelligence startup xAI, part of a growing wager that the nascent AI industry will revolutionize global tech.</p><p style=\"text-align: start;\">Wood’s Ark Venture Fund revealed the stake in an email to clients Tuesday. It represents about 2% of the fund’s holdings, Ark Chief Futurist Brett Winton said in an interview. The purchase comes a month after the fund disclosed a position in OpenAI that made up roughly 4% of its holdings. The closed-end interval fund also has a stake in AI firm Anthropic, accounting for about 5% of assets.</p><h3 id=\"id_247944701\" style=\"text-align: start;\">Robinhood Jumps on Plan to Buy Back Up to $1 Billion of Shares</h3><p>Robinhood Markets Inc. jumped after the retail brokerage announced a plan to repurchase as much as $1 billion of its own shares.</p><p style=\"text-align: start;\">The firm expects the buyback program to kick off in the third quarter and take place over a two to three year period, it said Tuesday in a filing. Shares in Robinhood jumped as much as 7.4% in late New York trading after the company said its board approved the repurchase plan.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","AAPL":"苹果",".SPX":"S&P 500 Index","GME":"游戏驿站","NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154906470","content_text":"The Nasdaq crossed 17,000 for the first time ever on Tuesday, boosted by gains in Nvidia, while the S&P 500 closed barely higher and the Dow ended lower as Treasury yields rose.Nvidia jumped 7% and boosted shares of other chip stocks as traders returned from a holiday-extended weekend. An index of semiconductors rose 1.9%.Market SnapshotThe Dow Jones Industrial Average fell 216.73 points, or 0.55%, to 38,852.86, the S&P 500 gained 1.32 points, or 0.02%, to 5,306.04 and the Nasdaq Composite gained 99.09 points, or 0.59%, to 17,019.88.Market MoversGameStop jumped 25% after the videogame retailer on Friday said it completed an equity offering of 45 million shares for proceeds of about $933.4 million. GameStop said proceeds would be used for general corporate purposes, “which may include acquisitions and investments.” The at-the-market offering was disclosed in a filing May 17.Nvidia was up 7%. Shares of the chip maker were getting a boost from an announcement by Elon Musk that his xAI start-up raised $6 billion in its latest round of fund-raising. It’s expected that much of the newly raised cash should be spent on Nvidia’s hardware.Apple initially rose after Bloomberg, citing figures from the China Academy of Information and Communications Technology, reported that iPhone shipments in China rose 52% from a year earlier. But the stock ended the day flat.DraftKings fell 10% after Illinois senators passed a new budget that includes a tax increase on sports-betting operators. The legislation would make Illinois the second-most expensive state for wagering operators to do business in, according to iGamingBusiness.com. Flutter Entertainment, the parent company of FanDuel, declined 7.7%.Insmed surged 119% after the biopharmaceutical company reported positive top-line results from a Phase 3 study of its treatment for non-cystic fibrosis bronchiectasis. Insmed said it planned to file a new drug application with the Food and Drug Administration for brensocatib in patients with bronchiectasis in the fourth quarter.U.S. Cellular jumped 12% after T-Mobile agreed to acquire most of U.S. Cellular’s operations in a deal for roughly $4.4 billion. T-Mobile said it was buying “substantially all” of U.S. Cellular’s wireless operations and certain spectrum assets. The purchase price includes about $2 billion of assumed debt. The parent company of U.S. Cellular, Telephone & Data Systems, was up 1.7%. T-Mobile rose 0.8%.Duolingo jumped 8.8% to $194.16 after analysts at JMP Securities upgraded shares of the language-learning app company to Outperform from Market Perform with a price target of $260.Norwegian Cruise Line Holdings was upgraded by Mizuho Securities to Buy from Neutral and the price target was raised to $24 from $21. The stock was up 3.5% to $16.56.Nvidia’s Market Cap Hasn’t Been This Close to Apple’s Since 2009Nvidia shares are on a major hot streak, while Apple’s stock has been in a rut this year. Now, the market-cap gap between the two companies is the tightest it’s been since 2009, as the chip maker looks to be the third-ever U.S. company to finish a trading day with a $3 trillion valuation.As of the end of Tuesday’s session, Nvidia had a $2.848 trillion valuation, while Apple had a $2.913 trillion valuation. That meant the margin between the two was $65.80 billion — the narrowest it’s been since Jan. 20, 2009, according to Dow Jones Market Data.The gap is nearly the size of Apple’s entire market cap at that January 2009 point: Back then, Apple’s market value was $69.56 billion, while Nvidia’s was $3.87 billion.Cathie Wood’s $60 Million Venture Fund Nabs Stake in Elon Musk’s xAICathie Wood’s Ark Investment Management has purchased a stake in Elon Musk’s artificial-intelligence startup xAI, part of a growing wager that the nascent AI industry will revolutionize global tech.Wood’s Ark Venture Fund revealed the stake in an email to clients Tuesday. It represents about 2% of the fund’s holdings, Ark Chief Futurist Brett Winton said in an interview. The purchase comes a month after the fund disclosed a position in OpenAI that made up roughly 4% of its holdings. The closed-end interval fund also has a stake in AI firm Anthropic, accounting for about 5% of assets.Robinhood Jumps on Plan to Buy Back Up to $1 Billion of SharesRobinhood Markets Inc. jumped after the retail brokerage announced a plan to repurchase as much as $1 billion of its own shares.The firm expects the buyback program to kick off in the third quarter and take place over a two to three year period, it said Tuesday in a filing. Shares in Robinhood jumped as much as 7.4% in late New York trading after the company said its board approved the repurchase plan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152534629,"gmtCreate":1625309471861,"gmtModify":1703740299551,"author":{"id":"4087567083492380","authorId":"4087567083492380","authorIdStr":"4087567083492380","name":"Strikecal","avatar":"https://static.tigerbbs.com/360c96548df1a374b583f56a81ff3bc6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087567083492380"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BRK.B\">$Berkshire Hathaway(BRK.B)$</a>No pain no gain&nbsp;","listText":"<a href=\"https://laohu8.com/S/BRK.B\">$Berkshire Hathaway(BRK.B)$</a>No pain no gain&nbsp;","text":"$Berkshire Hathaway(BRK.B)$No pain no gain","images":[{"img":"https://static.tigerbbs.com/29797b35163231cbff96214245af64b8","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152534629","isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}