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

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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.

 

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