What Is the Big Bath Theory and Why It Matters

Episode 57: Today, Ann examines why famed hedge fund investor, Michael Burry is betting against Palantir & NVIDIA and which CEO called him crazy for shorting chips. Then we look for nuggets in quarterly earnings: Hertz is back in the driver’s seat, while Yum! Is open to selling Pizza Hut. Later, FiServ’s stock dropped off a cliff - did the CEO prompt it on purpose? Ann explores The Big Bath Theory. Plus an update on Pfizer and Novo’s drug war over Metsera.

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00:00 Welcome to Brew Markets Daily

01:00 One Man’s Short Position

04:00 Earnings Roundup

18:00 $FI: The Big Bath Theory

22:00 Market Close

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