Michael Burry reshuffles portfolio, adds hedges on China holdings

Michael Burry, best known for calling the subprime mortgage crisis, made a slew of changes in his portfolio last quarter, including what appears to be a hedge on his sizable bet on Chinese internet stocks. Burry, who now manages hedge fund Scion Asset Management, boosted his stakes in a few Chinese internet companies’ ADRs, according to…

McIlroy one off the lead at World Tour Championship and in good shape to clinch Race to Dubai title

DUBAI – The path is clear for Rory McIlroy to clinch the year-long Race to Dubai title and be crowned the European tour’s best player for a sixth time. He’s well in contention to win the season-ending World Tour Championship, too. McIlroy hit a fairway wood from 265 yards to 15 feet at No. 18…

We demoed Apple Intelligence. Here’s what the new AI tools can do

Apple’s new artificial intelligence tools are here. Now the company is trying to help customers understand them. The Cupertino, Calif.-based tech giant on Wednesday began offering 15-minute sessions for customers at its hundreds of U.S. retail stores on the company’s new suite of AI tools called Apple Intelligence, which can help iPhone users to compose…

Supreme Court case on ‘income’ could have major implications for taxpayers

People exit the Supreme Court building in Washington, D.C. on Tuesday, June 27, 2023. Minh Connors | The Washington Post | Getty Images The Supreme Court is set to hear oral arguments Tuesday on a case that could affect broad swaths of the U.S. tax code and federal revenue. The closely watched case, Moore v….

Abhishek Bachchan’s video goes viral amid divorce rumours with Aishwarya Rai, watch

Aishwarya Rai Bachchan and Abhishek Bachchan are one of the most popular couples in Bollywood. The power couple of Bollywood is currently in the news due to their divorce and separation rumours. There are rumors that state that Abhishek Bachchan’s alleged affair with Nimrat Kaur led to his separation from his wife Aishwarya. However, on…

Valencia chief Carlos Mazón admits flood mistakes but defies calls to quit

EPA-EFE/REX/Shutterstock The sludge after the 29 October flood remains in Paiporta and Carlos Mazón has faced calls to resign Valencia’s under-fire leader Carlos Mazón has conceded mistakes were made on the day that floods overwhelmed his region but said it was down to two government agencies that people were not given enough warning. More than…

Travis Shumake breaking barriers as first LGBTQ+ NHRA driver

Travis Shumake has made a career out of breaking barriers, which is both dangerous and impressive when you consider he’s broken those barriers — and some bones — in a dragster going 324 miles per hour. “The fastest-accelerating machine on the planet,” he said. “Faster than the space shuttle launches.” Surviving those rides has made…

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