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Michael Burry attends “The Big Short” New York premiere at the Ziegfeld Theater in New York, Nov. 23, 2015. Andrew Toth | Filmmagic | Getty Images Michael Burry is sticking with his bearish wager against Palantir Technologies, even after a public endorsement from President Donald Trump helped lift the stock. The investor of the “Big…
HYDERABAD: The World Health Organization (WHO) has granted Phase II pre-qualification (PQ) to Biological E (BE)’s novel oral polio vaccine type 2 (nOPV2), which is used for controlling cVDPV2 outbreaks, the Hyderabad-based biopharma company said on Thursday.The Phase II PQ covers both the drug substance and drug product manufactured at BE, which completes the full…
Miami Beach, FL — A growing group of Wall Street and crypto executives say the financial system is heading toward a breaking point, as markets shift from human-paced processes to machine-driven activity that runs around the clock. “We’re moving to a world where transactions happen at a speed no human can track,” Sandy Kaul, head…
Traditional finance giants Charles Schwab and Citadel Securities are both considering entering prediction markets, with each separately weighing up how they wish to get involved in the fast-growing sector. “I think at some point we likely will have prediction markets,” Rick Wurster, the CEO of the banking and investing titan Schwab, told investors during a…
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In one very small, and at least to date obscure, corner of the crypto market, investors are rushing in rather than heading for the exits. So-called HYPE exchange-traded funds are taking in new assets from investors at a time when the leading crypto bets, including bitcoin and ether, are tanking. In May, Bitwise and 21shares…
The real question, for India and for those watching it, is how quickly the statistical machinery can catch up with an economy that is changing faster than almost any other. (AI image) How strong is India’s economy really, going by the latest 8.2% GDP print?India just reported another head-turning GDP number. The latest data show…
