Howard Marks warned of an AI 'moonshot' mentality — and shared why he'd rather own tech titans than flashy startups

Tech Insider : Business, Technology
Howard Marks, Co-Chairman of Oaktree, at the Global Hong Kong Global Financial Leaders Investment Summit on October 8, 2023, in Hong Kong, China
Howard Marks says AI hype is pushing investors into risky "moonshot" bets.

Vernon Yuen/NurPhoto via Getty Images

Larry Ellison just lost $25 billion of his net worth in one day

Tech Insider : Business
Oracle's cofounder, Larry Ellison, in the Roosevelt Room of the White House in Washington, DC, on January 21, 2025.
Oracle's rough quarter just erased $25 billion from Larry Ellison's fortune.

Andrew Harnik/Getty Images

Billionaire Mark Cuban says abolishing billionaires would mean destroying the stock market and wiping out Americans' savings

Tech Insider : Economy, Economy, Business
Mark Cuban at a Senate Committee on Aging hearing on Capitol Hill on October 22, 2025.
Mark Cuban is worth an estimated $6.6 billion, built from tech startups, investing, and owning the Dallas Mavericks, making him the world's 639th richest person, per Forbes.

Andrew Harnik/Getty Images

America's richest generation got much richer in recent decades as everyone else fell behind

Tech Insider : Economy, Business
Older women walking and talking on a golf course.
Americans over 75 have gotten richer in recent decades as younger generations have seen their household wealth fall or stagnate.

Isaac Lane Koval/Getty Images

Nvidia stock falls despite beating revenue estimates

Tech Insider : Business, Style

Nvidia released its highly anticipated Q2 earnings report. The chipmaking giant beat revenue estimates but gave a tepid sales outlook and came in slightly under for data center revenue.

21 vintage photos show how desperate and desolate America looked during the Great Depression

Tech Insider : Economy, Business, Travel
Great Depression food lines Times Square
Thousands of unemployed people waited in lines for food during the Great Depression.

AP Photo

Marjorie Taylor Greene bought thousands of dollars in stock right before Trump's tariff pause sent markets soaring

Tech Insider : Politics, Business
Marjorie Taylor Greene
Rep. Marjorie Taylor Greene purchased between $21,000 and $315,000 worth of stocks in 19 companies, beginning the day before President Donald Trump's tariff pause, a financial disclosure said.

Anna Moneymaker/Getty Images

Most Americans see economic difficulty ahead in 2025 but not Republicans

Tech Insider : Politics, Economy, Business
Money
Many Americans remain pessimistic over the economy headed into 2025. However, Republicans are very optimistic about forthcoming economic conditions in the new year.

rob dobi/Getty Images

The fight over Jerome Powell puts Elon Musk at odds with Wall Street

Tech Insider : Politics
Elon Musk, Donald Trump, Jerome Powell
Elon Musk has signaled support for undercutting Fed independence, setting off quiet alarm bells on Wall Street.

Getty Images

America is entering a new 'economic supercycle'

Tech Insider : Economy, Politics
Quarter spinning GIF with stars and Statue of Liberty around it

Getty Images; iStock; Natalie Ammari/BI

No one's going to sound an alarm, blast out a text message, or shoot you an email about it, but the US economy is undergoing a historic shift. We are leaving one long period of expansion — what economists refer to as a "supercycle" — and entering a very different one.

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