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MI Exclusive

Berkshire Hathaway has cashed in at least $300 million in Tesla rival BYD stock in the past month - as Warren Buffett's 14-year bet continues to pay off

Thu, 02/02/2023 - 11:21

Tech Insider

Warren Buffett BYD — Warren Buffett's firm has sold off more than 11 million shares in the EV maker in last month.
AP

Markets, MI Exclusive, Berkshire Hathaway, BYD stock, BYD Company, Warren Buffet, Warren Buffett

Crypto hackers made off with an unprecedented $3.8 billion in 2022, led by North Korean-linked groups breaking their own theft records

Thu, 02/02/2023 - 11:04

Tech Insider : Crypto

A representation of cryptocurrencies including bitcoin and dogecoin are seen in this illustration photo. — North Korea-linked hackers stole nearly $2 billion worth of crypto in 2022.
Jakub Porzycki/NurPhoto via Getty Images

Markets, MI Exclusive, crypto, Bitcoin, Hackers, Cryptocurrencies, North Korea

Mark Zuckerberg's net worth spikes $12 billion as Meta's cost-cutting plans send shares soaring

Thu, 02/02/2023 - 10:50

Tech Insider

Mark Zuckerberg smiles while walking outside at 2021 Sun Valley conference — Gains in Meta's share prices are boosting Mark Zuckerberg's net worth this year so far.
Kevin Dietsch/Getty Images

Markets, Tech Insider, News, MI Exclusive, meta, facebook, Mark Zuckerberg

Wharton professor Jeremy Siegel outlines exactly what needs to happen for the Fed to stop raising interest rates

Thu, 02/02/2023 - 10:24

Tech Insider

Wharton professor Jeremy Siegel — Wharton professor Jeremy Siegel is a long-time market commentator.
REUTERS/Steve Marcus

Markets, MI Exclusive, Stock Market Outlook, Jeremy Siegel, Wharton professor Jeremy Siegel, Stock Market, Federal Reserve

The stock market has been transfixed by an enigmatic bond metric for the past year - one that's now flashing an unmistakably bullish signal

Thu, 02/02/2023 - 10:18

Tech Insider

Stock traders on the exchange trading floor. — Stock traders
Drew Angerer/Getty Images

Markets, MI Exclusive, Stock Market Outlook, Stocks, stock market outlook 2023, Stock Market Analysis, Volatility

'Big Short' investor Michael Burry deletes his Twitter profile after ominous 'sell' warning

Thu, 02/02/2023 - 10:09

Tech Insider

Michael Burry big short premiere — Michael Burry.
Andrew Toth/Getty Images

Markets, MI Exclusive, Stocks, Michael Burry, The Big Short, Scion Asset Management, Stock Market Outlook

US stocks trade mixed while Facebook parent Meta leads rally in tech sector

Thu, 02/02/2023 - 09:42

Tech Insider

Meta announced its plan to layoff 11,000 workers on Wednesday. — Meta announced its plan to layoff 11,000 workers on Wednesday.
Carlos Barria/REUTERS

Markets, MI Exclusive, Stocks, Outlook, Trading, Investing, Inflation

A new bull market is underway amid Powell's acknowledgement of falling inflation, Fundstrat says

Thu, 02/02/2023 - 09:31

Tech Insider

nyse trader — Spencer Platt/Getty Images

Markets, MI Exclusive, Stock Market Outlook, Stock Rally, Bull Market, bull market 2023, falling inflation

Oil giant Shell says it will spend $4 billion buying back shares, as it reports its highest ever annual profit

Thu, 02/02/2023 - 09:13

Tech Insider

Natural gas shipments — Shell posted its biggest annual profit ever thanks to a strong fourth-quarter performance by its natural-gas business.
LOIC VENANCE/Getty Images

Markets, MI Exclusive, Stocks, Shell, market mover, Oil, Gas

The European Central Bank has raised interest rates for the 5th time in a row, sticking to its inflation fight

Thu, 02/02/2023 - 08:26

Tech Insider

ECB — The European Central Bank raised interest rates by 50 basis points Thursday as it continues its battle against inflation.
Ralph Orlowski/Getty Images

Markets, MI Exclusive, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Investing Analysis, Investing Outlook

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