Hedge fund manager Michael Burry, known for his prescient calls ahead of the 2008 U.S. housing market crash, picked up shares of Warner Brothers Discovery in the fourth quarter of 2023 while closing out a put option position on semiconductor stocks, securities filings released on Wednesday showed. Burry's Scion Asset Management added 375,000 shares of Warner Brothers Discovery over the quarter. Other new additions included 200,000 shares of restaurant software company Toast Inc, 225,000 shares of discount retail chain Big Lots and 154,142 shares of Gen Restaurant Group.
Alibaba Stock: They Don't Ring A Bell At The Bottom (NYSE:BABA) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
Adam Turnquist, LPL's Chief Technical Strategist, remarked, "Technical indicators are showing signs of a potential turnaround in Chinese equity markets."
India's central bank decided to leave its benchmark interest rates unchanged on Thursday. The Monetary Policy Committee of the Reserve Bank of India, headed by Governor Shaktikanta Das, voted 5-1 to hold the repo rate at 6.