Close

Wall St gains with tech shares; regional banks fall

Go back to Wall St gains with tech shares; regional banks fall

'Big Short' investor Michael Burry says he was 'wrong' to tell investors to sell

March 30, 2023 1:20 PM EDT

Hedge fund manager and founder of Scion Asset Management, Michael Burry, said in a tweet on Thursday that he was "wrong" to tell investors to sell.

The "Big Short" investor said "sell" on January 31 in a one-word tweet, and while there were no other details provided, it... More

'Own high-margin growth stocks,' says Goldman Sachs

March 30, 2023 8:35 AM EDT

Goldman Sachs analyst Ryan Hammond recommends investors own high-margin growth stocks and avoid low-margin growth stocks.

The analyst explained in a note to clients on Thursday that the decline in bond yields has supported growth stocks so far in 2023, but with wide variation.

As a result, he made... More