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Michael Burry attends the New York premiere of “The Big Short” at the Ziegfeld Theater in New York City on Nov. 23, 2015.Jim Spellman | WireImage | Getty ImagesMichael Burry, the investor made famous by “The Big Short” who recently roiled the market with a tech short bet, is accusing some of America’s largest technology companies of using aggressive accounting to pad their profits from the artificial intelligence boom.In a post Monday on X, the Scion Asset Management founder alleged that “hyperscalers” — the major cloud and AI infrastructure providers — are understating depreciation expenses by estimating that chips will…

Swansea have sacked head coach Alan Sheehan after six months in charge.The Championship club’s hierarchy felt a change was needed after a poor start to the season, with the Swans currently on a four-game losing run. Swansea were beaten 4-1 at home by Ipswich Town on Saturday, leaving them sitting in 18th place.A club statement said “results and performances do not meet the standards expected at this stage of the season”. Please use Chrome browser for a more accessible video player Highlights of the Sky Bet Championship match between Swansea and Ipswich. Swansea added that the search for Sheehan’s replacement…

A protester with the Main Street Alliance holds a sign outside the U.S. Supreme Court, as its justices are set to hear oral arguments on U.S. President Donald Trump’s bid to preserve sweeping tariffs after lower courts ruled that Trump overstepped his authority, in Washington, D.C., U.S., November 5, 2025. Nathan Howard | ReutersAmerican importers say that if the Supreme Court rules that the money they paid for President Donald Trump’s tariffs must be refunded to them, it would be relatively simple to do and not the “mess” that some have claimed it would be.Importers pointed to U.S. Customs paperwork…

Palestinian-American supermodel Bella Hadid is facing widespread criticism online for visiting the United Arab Emirates to launch her perfume brand in the region on Sunday, amid calls to boycott the Gulf state for its role in Sudan’s war. Known for her vocal support of various social causes, and in particular, her outspoken advocacy for the Palestinian people and protest against the genocide in Gaza, the 29-year-old is being accused of hypocrisy and performative activism. Sudanese and other human rights advocates have been calling for the international community to avoid trips to the UAE and stop purchasing from Emirati-linked brands over the Gulf state’s backing…

Flashpop | Digitalvision | Getty ImagesDespite ongoing investor demand for exchange-traded funds, baby boomers appear to be bucking that trend, new research shows. Experts say there may be a good reason for it.Only 6% of surveyed baby boomers — those born 1948-1964 — say they plan to “significantly increase” their ETF investments in the next year, according to a new study from Charles Schwab. That compares with 32% of millennials — those born 1981-1996 — and 20% of Generation X, born 1965-1980.Boomers are also the generation least likely to say they are open to putting their entire portfolio in ETFs…

For founders hoping to build a business that will last for decades, the key to unlocking lasting success is to never stop thinking like a startup, according to investor and author Eric Becker.”It’s a little bit counterintuitive. Most people associate something that lasts over time as becoming bureaucratic, slow-moving, indecisive,” says Becker, co-founder and co-chairman of Cresset Capital, a Chicago-based wealth management firm with more than $70 billion in assets under management. Becker has started or invested in more than 100 companies, he says.The “long-game companies,” as Becker calls them, are typically “more nimble” than their competitors, which allows them to…

With the average price of a new car now topping $50,000, more buyers are stretching out their loan terms to lower the monthly payment.The average loan length is now 69 months, with the share of 84-month loans at 22% — a record high, according to data from automotive research firm Edmunds. A 60-month term is Edmunds’ recommended cap, but that’s become less realistic for many buyers dealing with higher prices that have made shorter terms harder to afford.While longer loan terms can keep monthly costs down, they can also end up costing more overall and come with other downsides worth…

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.Billionaire Barry Sternlicht, chairman and CEO of Starwood Capital Group, is a legendary, legacy real estate investor. Brendan Wallace is an entrepreneur who co-founded Fifth Wall, a venture capital firm investing in property technology and decarbonizing real estate. The pair first met in the gym. Now, Wallace can say…

An internal American policy debate seems to have emerged over Washington’s strategy towards Lebanon.  In a recent interview, former US presidential adviser Amos Hochstein directed some not-so-veiled criticism at what he described as the Trump administration’s excessive emphasis on the disarmament of Hezbollah. “Let’s be realistic of what we can achieve,” Hochstein said. “The best way to combat them is not to focus singularly on the disarming of Hezbollah, but to do it in a dual track: build out the economy to bring in investment and support the Lebanese Armed Forces.” The former Biden administration diplomat warned that exerting excessive…

My top 10 things to watch Tuesday, Nov. 11 1. CoreWeave posted better-than-expected third-quarter revenue last night, but shares are falling this morning on the AI infrastructure provider’s disappointing full-year guidance. The stock is down more than 10%. CoreWeave has plenty of demand, but it had to essentially rely on a subcontractor, and the Core Scientific deal didn’t come through. 2. The Nasdaq was set to open lower this morning with Big Tech under pressure on the CoreWeave weakness. This follows a big day of gains for both the Nasdaq and the S & P 500 as lawmakers got closer…