Michael Burry
Reporting and statements that mention Michael Burry.
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GameStop (GME) held $5 billion in cash and nearly $5 billion in eBay stock as of August 1
GameStop has announced preliminary Q2 2026 earnings, revealing it holds $5 billion in cash and $5 billion in eBay stock. Despite repeated rejections from eBay, GameStop and CEO Ryan Cohen continue to pursue an acquisition. Michael Burry notably sold his stake in GameStop in May 2026.
Nvidia guarantees up to 25% of GPU residual value to unlock a $500 billion AI financing push
Nvidia is offering a contractual guarantee to cover up to 25% of the residual value loss on its GPUs, aiming to facilitate over $500 billion in third-party capital for AI infrastructure. This move, intended to mitigate depreciation risk and address financing challenges for AI companies, has drawn scrutiny and a cautious market reaction. CEO Jensen Huang frames it as a pivot towards repeatable financing platforms, while critics like Michael Burry question the long-term viability of GPU depreciation.
GameStop CEO Selling GameStop Stuff On Ebay To Fund Buyout Of Ebay
GameStop CEO Ryan Cohen is attempting to acquire eBay for over $50 billion and has listed GameStop-related items on eBay, including store signs and a Halo 3 flag, to help fund the buyout. Cohen claims this is a way to pay for eBay and pokes fun at skepticism surrounding his leveraged deal proposal. Market figures like Michael Burry have expressed doubts about the financial feasibility of the acquisition.
Michael Burry (The Big Short) has reportedly dumped his GameStop (GME) holdings
Michael Burry, known for 'The Big Short', has reportedly sold his stake in GameStop. The company's stock experienced a five-day low following news of CEO Ryan Cohen's proposal to acquire eBay.