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Michael Burry has gone sour on GameStop (GME) after the video game retailer made an unsolicited $56 billion bid for online marketplace eBay. “Wall Street does indeed mistake debt for creativity, and does so constantly,” Burry wrote in a Substack
The United Arab Emirates, one of the world’s major oil producers, will leave the Organization of Petroleum Exporting Countries (OPEC/OPEC+) effective May 1, state news agency WAM said Tuesday morning. The decision “reflects the UAE’s long-term strategic and economic vision
Wells Fargo (WFC) CEO Charles Scharf said on Monday that the US economy has been resilient, but he also acknowledged how bad sentiment is among American consumers and businesses. “Right now, from everything that we see, the economy is still
