bet
Bob Iger and Josh Kushner plan to buy the Los Angeles Lakers at a record-setting price of $12.5 billion. The best argument for that price: The value of sports TV deals is the one thing that keeps going up, even as the rest of TV contracts.But even though that’s been…
Michael Burry looks to be in the chips after a timely bet against semiconductor stocks.The investor of “The Big Short” fame said in a June 30 post on Substack that he’d shorted the iShares Semiconductor ETF (SOXX) at about $643, and refreshed his bearish put options on it too.The exchange-traded…
With little fanfare, Microsoft’s Xbox made a move last week that could shake up the gaming ad market.Xbox is testing a way for users to stream games they own for free by watching ads, rather than paying for a Game Pass subscription. There’s no word yet on what exact ad…
