‘Big Short’ investor warns flooding risk could call for another 2008 housing crisis
“Big short” investors who predicted the 2008 housing crisis fear history will repeat itself as the mortgage market underestimates the systemic risk posed by the floods. Dave Burt, CEO of investment research firm DeltaTerra Capital, made millions during the subprime mortgage crisis while working for New York-based Cornwall Capital. Cornwall’s success was later featured in […]
Sam Zell, billionaire real estate investor, dies at 81
Chicago real estate mogul Sam Zell, who amassed a multibillion-dollar fortune and earned fame as the “Grave Dancer” for his ability to revitalize dying properties, has died of complications from a recent illness. he was 81 years old. Bearded and outspoken, Zell enjoyed defying conventional wisdom. He has a great flair for real estate and […]
Silicon Valley startups set for ‘bloodbath’ as tech investor money runs dry: report
Struggling Silicon Valley startups reportedly face potential ‘bloodshed’ this year as funds run out and wary tech investors escape a major recession in the sector. It is said that there are Conditions in the tech sector are so turbulent that many distressed startups are likely to be forced to raise money from outside investors at […]
Ryan Reynolds becomes investor in Nuvei fintech company
Check out what’s being clicked on FoxBusiness.com Ryan Reynolds has become an investor in a Canadian fintech company. The company the actor invested in is a publicly traded payments technology company called Nuvei Corporation, which he says “connects e-commerce businesses with customers the way they want to pay, anywhere in the world.” Nuvei and Reynolds […]
Virgin Orbit nears deal to raise $200M from venture capital investor
Check out what’s being clicked on FoxBusiness.com Billionaire Richard Branson’s Virgin Orbit Holdings is nearing a $200 million investment deal from Texas-based venture capital investor Matthew Brown. Capital injections for cash-strapped aerospace companies come in the form of private equity issuances, according to a term sheet seen by Reuters. The company’s market capitalization plummeted from […]
Bank turmoil raises investor bets on big Fed rate cuts this year
NorthmanTrader founder Sven Henrich explains why the Fed has to cool its ‘money making’ sentiments. Investors should federal reserve A big rate cut is slated for this year after the Credit Suisse trouble reignited panic over a wider financial meltdown. Data from CME Group’s FedWatch tool, which tracks trades, showed the odds of the Fed […]
Investor home purchases drop by almost half – Here’s why that could be good for homebuyers
Investor home purchases fell 45.8% year-on-year in the fourth quarter, with the largest decline in single-family home purchases, according to a Redfin report. (iStock) Investors are increasingly retreating from the housing market due to rising borrowing costs and the lingering threat of further home price declines, according to a recent report. Investor home purchases fell […]
Investor who called Lehman collapse predicts the next big US bank failure
Robert Kiyosaki, co-founder of the Rich Dad Company, slams investors when the Federal Reserve (Fed) and FDIC suggest they print more money in “Cavuto: Coast to Coast.” explains why it is wise to buy gold and silver. The Wall Street analyst and investor behind the 2008 Lehman Brothers bankruptcy has revealed which bank he believes […]
Activist investor Icahn launches proxy fight at Illumina
Check out what’s being clicked on FoxBusiness.com Activist investor Carl Icahn launched a proxy battle at Illumina on Monday, saying life sciences company Illumina’s acquisition of Grail has cost shareholders about $50 billion since the transaction closed. said to have brought Illumina shares rose more than 20% in morning trading to $233.50 and are down […]
Investor Michael Burry blames SVB crisis on ‘hubris and greed’
Prominent investor Michael Barry hacked up executives who once worked for Silicon Valley Bank on Sunday. The sudden collapse of tech lender Silicon Valley Bank has raised concerns about a systemic meltdown. Barry, a hedge fund boss made famous by the 2015 movie The Big Short, has taken to heart the current crisis in the […]
