The Indian rupee appreciated by 15 paise, closing at 95.81 against the US dollar on Friday. This recovery was supported by actions from the Reserve Bank of India, which intervened in the currency market. The benchmark bond yield increased to 7.14%, the highest in four months, which influenced currency stability. Market analysts noted external financing requirements were putting pressure on the rupee’s value.
Michael Burry calls Nvidia ‘heck of a trade’ after Huang’s scandal sparks $430 bn selloff. Why is Big Short fame dismissing fears?
Michael Burry sees a near-term trading opportunity in Nvidia despite his broader concerns about AI valuations. The Big Short investor believes Jensen Huang’s personal controversy
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