News

He purchased SOXX put options with a strike price of $330, expiring in January 2027. The Philadelphia Semiconductor Index rose for an 18th consecutive trading day on Friday, setting a record. Burry wrote: “I know the Philadelphia Semiconductor Index will come back down, and so do the older generation of semiconductor professionals. The current rally is largely driven by technical factors. Amid the massive expansion of data centers, the narrative of chip supply shortages is very compelling.” If he held a long position in semiconductor stocks, he would choose to sell now.Read more:The Philadelphia Semiconductor Index continues to surge, setting a record 18-day winning streak; here's an in-depth look at how overbought it is.

The company previously responded that this multi-manager fund is part of its $6 billion hedge fund platform. The company expects that 95% of the liquidation proceeds will be distributed to clients in June. The asset management firm stated that it remains committed to providing clients with a range of systematic and multi-manager solutions. Arya is a long/short equity multi-portfolio manager platform focused on fundamental securities selection. Expand

This financial data revision involves the company’s core operating indicators, reflecting potential adjustment needs in the application of accounting standards or business classification. The financial statement restatement process will strictly follow the requirements of US Generally Accepted Accounting Principles (GAAP) to ensure the accuracy and transparency of financial information. Capital markets are generally concerned about the potential impact of such financial corrections on the valuation of listed companies and investor confidence. The company stated it will actively cooperate with auditing firms to complete the restatement and promptly disclose the latest progress to investors.