‘Big Short’ Investor Michael Burry Accuses AI Hyperscalers Of Artificially Boosting Earnings
Michael Burry is accusing some of America’s largest technology companies of using aggressive accounting to pad their profits.
Recent
Valuation Worries, Record-Long Government Shutdown Hang Over Markets
Valuation worries, record-long government shutdown hang over markets: What to watch this week
Wall Street Drops Fear Of ‘Hot Commie Summer’ In Overture To Mamdani
(Bloomberg) -- New York City’s elite threw everything at Zohran Mamdani to stop him from becoming mayor: money, insults, scare tactics, and tweets.
Advisor Barred From the Industry After Settling Charges with the SEC
Investment advisor James Burleson has been barred from the industry after settling charges with the SEC over an alleged cherry-picking scheme.
Founder of IRL Social Media App Charged with Defrauding Investors
Founder of the company behind the IRL social media app was charged with defrauding investors of $170 million in the company’s 2021 funding round,
Suspended Broker Charged in Social Media Fraud Targeting Retail Investors
A cautionary tale for advisors underscores how social media hype continues to be a powerful tool for financial fraud.
