Tag Archives: Burry

Bloomberg AT&T’s WarnerMedia, Discovery to Merge in Blockbuster Deal (Bloomberg) — AT&T Inc. agreed to spin off its media operations in a deal with Discovery Inc. that will create a new entertainment company, merging assets ranging from CNN and HBO to HGTV and the Food Network.The transaction values the combined entity at about $130 billion including debt, based on WarnerMedia’s estimated enterprise value of more than $90 billion.AT&T will receive $43 billion in cash, debt securities and… Source link

In this article, we examined Big Short’s Michael Burry bets on 11 stocks amid his warning over the stock market collapse ahead. Click to skip ahead and see Michael Burry’s Top 5 Stock Picks. Scion Asset Management chief Michael Burry, who is famous for his billion-dollar bet on the US housing crash in 2008, warned investors of the potential stock market crash ahead. The Big Short claims that the speculative market environment and trader’s strategy of using borrowed money for betting on stocks… Source link