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David Ellison’s latest attempt to acquire Warner Bros. Discovery was rebuffed on Wednesday, but it hasn’t been all bad news for the Paramount Skydance CEO.Paramount’s argument that its offer is superior to Netflix’s received an unexpected boost this week from the poor stock performance of Versant, the spinoff of Comcast’s cable…
Dozens of members of Congress have signed onto an effort to force a House vote on a bipartisan bill to ban lawmakers from trading stocks.It’s increasingly likely that the effort will fail.The reason? Top Democrats are now insisting that President Donald Trump and Vice President JD Vance also be included…
Eleven months into 2025, $55 billion hedge fund Viking Global sits in an underwhelming position.The long-running Tiger Cub — a nickname for the group of firms connected to the late Julian Robertson’s Tiger Management — is up just 5.8% through November in its flagship stock-picking hedge fund after a 0.5%…
Michael Burry has broken free from the shackles of financial regulation — and he’s making the most of his newfound liberty by sharing his favorite stocks.The prescient investor of “The Big Short” fame closed his hedge fund to outside cash this month, saying he felt “muzzled” by SEC rules and…
