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Elon Musk's wealth just dropped below $200 billion for the first time since June

Tue, 10/31/2023 - 01:59

Tech Insider

Tesla CEO Elon Musk and the Tesla factory in Fremont, California — Tesla CEO Elon Musk and the Tesla factory in Fremont, California.
Nathan Howard and Justin Sullivan via Getty Images

Markets, Tech Insider, mi-exclusive, Markets, Tech, elon-musk, Wealth

Dow soars more than 500 points as stocks jump amid easing Mideast conflict fears

Mon, 10/30/2023 - 16:17

Tech Insider

Israeli soldiers inspect burnt cars — Israel soldiers inspect burnt cars at the site of the Hamas terrorist attacks on the Nova music festival in southern Israel.
Amir Cohen/Reuters

Markets, mi-exclusive, daily-market-wrap, crude-oil, Gaza, israel-hamas, Dow

Krispy Kreme's stock gets downgraded as analyst says weight-loss drugs could hurt donut sales

Mon, 10/30/2023 - 16:08

Tech Insider

Three glazed donuts are pictured on top of a Krispy Kreme box. — Glazed Krispy Kreme doughnuts.
Joe Raedle/Getty Images

Markets, mi-exclusive, stock-market, krispy-kreme, krispy-kreme-stock-price, Ozempic, GLP-1

Hedge funds are pouring money into uranium stocks as they bet on a nuclear-powered future

Mon, 10/30/2023 - 15:31

Tech Insider

Nuclear power plant — Nuclear power plant
Getty Images

Markets, mi-exclusive, nuclear-power, Uranium, uranium-prices, climate-change, Decarbonization

A disorderly shift in Japan's monetary policy could spark bond-market contagion and increase risks of a 'financial accident,' Mohamed El-Erian says

Mon, 10/30/2023 - 14:32

Tech Insider

mohamed el-erian pimco — Mohamed El-Erian
REUTERS/Fred Prouser

Markets, mi-exclusive, mohamed-el-erian, monetary-policy, federal-reserve, interest-rates, bond-market

JPMorgan says the stock market's biggest driver will be weaker than expected going forward

Mon, 10/30/2023 - 13:55

Tech Insider

NYSE Trader — Andrew Kelly/Reuters

Markets, mi-exclusive, stock-market-outlook, stock-market-analysis, stock-market, interest-rates, analyst-note

Warren Buffett's Japan trade felt like a gift from God, Charlie Munger says: 'It was awfully easy money'

Mon, 10/30/2023 - 12:42

Tech Insider

GettyImages 1140985597 — Warren Buffett (left) and Charlie Munger.
JOHANNES EISELE/AFP via Getty Images

Markets, mi-exclusive, Markets, Stocks, charlie-munger, warren-buffett, berkshire-hathaway

CHART OF THE DAY: The extra money people saved during COVID is almost gone

Mon, 10/30/2023 - 12:36

Tech Insider : Economy

excess savings — JPMorgan

economy, Markets, mi-exclusive, chart-of-the-day, Consumers, analyst-note, Finances

Crude oil prices could soar 76% if the Israel-Hamas war morphs into a regional conflict, the World Bank says

Mon, 10/30/2023 - 11:34

Tech Insider

An Israeli M109 155mm self-propelled howitzer fires near the Israel-Gaza border. — An Israeli M109 155mm self-propelled howitzer fires near the Israel-Gaza border.
Jack Guez/Getty Images

Markets, mi-exclusive, israel-hamas, War, geopolitcs, world-bank, middle-east

Stocks are headed for a year-end rally as bond yields near their peak and valuations look 'persuasive,' Wharton professor Jeremy Siegel says

Mon, 10/30/2023 - 10:52

Tech Insider

jeremy siegel point — Getty Images

Markets, mi-exclusive, stock-market, stock-rally, bond-market, Treasury, bond-yields

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