Carson Block Raises Money to Bet on Rising Metals and Mining Stocks

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 36 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

Carson Block News

Bloomberg,Muddy Waters,US Securities And Exchange Commission

(Bloomberg) -- Carson Block, who made his name betting against companies, is gathering money for a fund that will bet on rising metals and mining stocks.Most...

-- Carson Block, who made his name betting against companies, is gathering money for a fund that will bet on rising metals and mining stocks.Nvidia’s 591,078% Rally to Most Valuable Stock Came in Waves

Earlier this year, Block’s firm set up a long-only fund, Muddy Waters New World Order Fund, to invest in Vietnam. In the past year, it has also waged an activist campaign targeting Canadian miner Mayfair Gold Corp., wielding a stake. Bill Gates' former assistant is worth $154 billion — and could soon be richer than the Microsoft cofounder

FEATURE Nvidia stock was trading down slightly Monday. The chip maker has been getting more price-target upgrades on Wall Street. Nvidia shares fell 0.6% at $131.07 on Monday. The stock closed up 1.Amidst a shifting economic landscape marked by moderating inflation and central bank policies, the Canadian market presents unique opportunities for investors.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines