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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDanny Moses on sports betting scandals in pro sports: 'The NBA has a big problem'Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Danny Moses, Brian Sullivan, Organizations: NBA, CNBC
'Big Short' traders told CNBC that investors are too complacent, although the economy is healthy. But traders should still keep their eyes on pockets of risk, such as commercial real estate, the others said. As to today's economy, Eisman considers it relatively healthy, essentially dismissing Wall Street's concerns that a consumer spending drawdown guarantees a coming slowdown. AdvertisementSome on Wall Street are nervous this could trigger a massive real estate default wave, with billions at risk. Still, markets shouldn't be too complacent, as the commercial real estate industry has seen "fits and starts" crop up, Moses said.
Persons: Steve Eisman, , Neuberger, Danny Moses, Vincent Daniel, Porter Collins, Wall, Collins, Moses, Eisman Organizations: CNBC, Service, Consumers, Seawolf, Moses Ventures, Federal Reserve, Bloomberg
Watch CNBC's full interview with the 'Big Short' traders
  + stars: | 2024-01-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with the 'Big Short' traders'Big Short' traders Danny Moses, Steve Eisman, Vincent Daniel and Porter Collins join 'Fast Money' to talk their portrayal in the movie, Big Tech, real estate, the Federal Reserve and more.
Persons: Danny Moses, Steve Eisman, Vincent Daniel, Porter Collins Organizations: Big Tech, Federal Reserve
Four 'Big Short' traders on why they're not so short these days
  + stars: | 2024-01-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFour 'Big Short' traders on why they're not so short these days'Big Short' traders Danny Moses, Steve Eisman, Vincent Daniel and Porter Collins join 'Fast Money' to talk their portrayal in the movie, Big Tech, real estate, the Federal Reserve and more.
Persons: Danny Moses, Steve Eisman, Vincent Daniel, Porter Collins Organizations: Big Tech, Federal Reserve
Their success was chronicled in Michael Lewis' " The Big Short " in 2010, and the Oscar-winning movie based on the book in 2015. Collins of Seawolf Capital revealed that Tesla has been one of his firm's best short bets this year. "I wouldn't call that as big a conviction story as The Big Short. I mean, 'The Big Short' was taking on basically Western civilization." Upstart short Moses at RiskReversal Media said he's betting against artificial intelligence lending platform Upstart .
Persons: Porter Collins, Vincent Daniel, Steven Eisman, Neuberger Berman, Danny Moses, Michael Lewis, Oscar, Collins, Tesla, Eisman, Moses Organizations: Seawolf, RiskReversal Media, UPS, Infrastructure Eisman
Sports betters are losing sportsbooks bets into the void
  + stars: | 2024-01-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSports betters are losing sportsbooks bets into the voidDanny Moses, Moses Ventures founder, joins 'Power Lunch' to discuss digital betters losing their winning bets on sportsbook.
Persons: Danny Moses, Moses Organizations: Moses Ventures
Big Short investor Danny Moses is bullish on DraftKings
  + stars: | 2023-11-09 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBig Short investor Danny Moses is bullish on DraftKings'Fast Money' guest trader Danny Moses brings his bullish take to the table after DraftKings reported a big quarter.
Persons: Danny Moses, DraftKings
"The Big Short" starred Michael Burry and others who bet the mid-2000s housing bubble would burst. Author Michael Lewis phoned Combs to talk about his housing wager while researching "The Big Short." AdvertisementAdvertisementMichael Burry and the other stars of "The Big Short" weren't the only investors to uncover the toxic assets underpinning the mid-2000s housing bubble, and place bets on its spectacular collapse. Lewis said he was working on a book about the whole situation that would become "The Big Short." AdvertisementAdvertisementCombs finished the story by saying he enjoys being "one small little piece" of the fascinating backstory behind "The Big Short."
Persons: Michael Burry, Todd Combs, Warren Buffett's, Michael Lewis, Combs, , Warren, Ted Weschler, Baupost Group's Seth Klarman, Klarman, Bear Stearns, Lewis, Steve Eisman, Danny Moses, Greg Lippmann, Buffett, it's Organizations: Service, Berkshire Hathaway's, Countrywide, Washington, Long, Mortgage, Street, Securities and Exchange Commission Locations: Berkshire, Bear Stearns
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Moses Ventures Founder Danny MosesDanny Moses, Moses Ventures Founder/of "Big Short" on banks with CNBC's Melissa Lee and the Fast Money traders.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Big short' trader Danny Moses warns biggest issue facing banks isn't deposit lossesDanny Moses, Moses Ventures Founder/of "Big Short" on banks with CNBC's Melissa Lee and the Fast Money traders.
Danny Moses sees trouble ahead for the US economy following the shocking collapse of Silicon Valley Bank. "It just accelerated that slowdown because banks have to really to pull back in their activities," the "Big Short" investor said. Moses also called out regulators for bailing out SVB, saying that should make people "nervous." Higher rates encourage saving over spending, which typically pulls down asset prices, saps demand, and increases the risk of an economic slowdown. But according to Moses, regulators don't have a clue of what's in front of them.
'Big Short' trader Danny Moses warns Fed broke something
  + stars: | 2023-03-14 | by ( Melissa Lee | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Big Short' trader Danny Moses warns Fed broke somethingDanny Moses, Moses Ventures founder, on the banks, the Fed and whether you can trust this regional bank rebound. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Tim Seymour, Guy Adami and Courtney Garcia.
"Big Short" investor Danny Moses said the Silicon Valley Bank collapse is exacerbating the economic slowdown despite the government's actions to mitigate the impact. "You can't assume that the regulators have any idea what they're actually dealing with now considering that they were completely caught off guard... by what just happened at Silicon Valley Bank," the Moses Ventures founder told CNBC's " Fast Money " on Tuesday. Moses, who is known for successfully betting against the housing market before its 2008 implosion, speculates failures are just starting. "We still have underestimated in this market in general what is happening when you raise rates," Moses said, referring to the central bank's move to hike interest rates by 450 basis points since March 2022. The Federal Open Market Committee holds its two-day policy meeting on interest rates next Tuesday and Wednesday.
But first, Elon Musk staked his Twitter leadership on a poll and it closed just minutes ago. Elon Musk topped off a turbulent week by launching a poll asking Twitter users whether he should quit as CEO. After SEC filings showed Musk sold about $3.6 billion of Tesla stock, its share price tumbled more than 15% amid a growing view that Twitter is becoming a distraction. This is a developing story and Tesla stock is currently up almost 5% in premarket trading. ICYMI: Phil Rosen, your usual host of this newsletter, discussed the "stunning" state of America's oil industry with Citi's Ed Morse.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Big Short' investor Danny Moses to investors: Avoid Tesla stockDanny Moses (of 'Big Short' fame), Moses Ventures founder, warns investors away from Tesla stock. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Dan Nathan, Guy Adami and Steve Grasso.
US stocks soared on Wednesday after Fed Chairman Jerome Powell said slower interest rate hikes are likely. Powell all but confirmed a 50 basis-point rate hike in December, dialing back from the four consecutive 75 basis-point hikes. "It is entirely possible the December hike of 50 basis points could be the last hike," Fundstrat's Tom Lee said. In his remarks, Powell said there are signs inflation is beginning to finally ease, and that it makes sense for the Fed to slow down its interest rate hikes as soon as December. "It is entirely possible the December hike of 50 basis points could be the last hike," Lee told clients in a Wednesday note.
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