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The prototype of the movie “The Big Short” bought gold in Q1, surged JD and Ali
Scion, a subsidiary of the “big short” Michael Barry, had a total market value of about US$103 million in the first quarter, and the total market value of its holdings in the previous quarter was about US$94.6 million, an increase over the previous quarter.
Express News | JD will successively implement trade-in subsidies in 20 provinces and cities across the country
Legendary hedge fund manager and “big short” Michael Burry increases his holdings in Chinese tech stocks
GLONGHUI, May 16 | The investment company of Michael Burry, the prototype actor in the movie “The Big Short” (The Big Short) and legendary hedge fund manager, increased its bets on JD and Alibaba in the first season. According to US Securities and Exchange (SEC) filings, Scion Asset Management increased its shareholding in JD by 80%, making it its largest shareholding. Alibaba became its second-largest shareholding, with a total value of around $9 million. Additionally, Burry increased Baidu's American Depositary Receipts (ADR) holdings by $4.2 million.
Express News | JD's instant retail business adjustment: integration of hourly delivery and home delivery brands into “JD Express Delivery”
“Hedge Fund Legend” Taper Q1 made a big deal to increase its stock positions! Slash Nvidia positions
In the first quarter of 2024, this top asset manager drastically reduced its holdings of these technology stocks benefiting from the AI investment frenzy in the first quarter of 2024, but increased its holdings in Chinese securities such as Alibaba and Pinduoduo by a large amount.
Walmart, Deere And 3 Stocks To Watch Heading Into Thursday
Wall Street expects Deere & Company (NYSE:DE) to report quarterly earnings at $7.86 per share on revenue of $13.28 billion before the opening bell, according to data from Benzinga Pro. Deere shares rose 0.4% to $415.51 in after-hours trading.
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