The AI craze is overblown - and the S&P 500 will suffer if the 'Magnificent 7' stocks falter, veteran investor warns

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A handful of stocks have propped up the S&P 500 this year with the help of AI buzz.

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Wall Street loves to hire from this college class. Its focus on teaching Warren Buffett-style valuation may explain why.

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warren buffett
Warren Buffett.

AP

Warren Buffett's favorite stocks gauge is flashing red, markets guru John Hussman says

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John Hussman
John Hussman.

YouTube

Stocks are overpriced, crypto is hot air, and the 'everything bubble' will fuel a brutal recession, says Wall Street guru Jim Grant

Tech Insider : Crypto
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Jim Grant is founder and editor of "Grant's Interest Rate Observer."

Brendan McDermid/Reuters

US stocks jump as bond yields plunge on bets that the Fed has finished hiking

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Fed Chair Jerome Powell
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on November 01, 2023 at the Federal Reserve in Washington, DC. The Federal Reserve left interest rates unchanged at a range of 5.25 percent to 5.50 percent, keeping rates the highest they have been in 23 years.

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JPMorgan's Dimon warns the Fed's inflation war will spook markets - and flags a raft of threats to the US economy

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Jamie Dimon
JPMorgan CEO Jamie Dimon.

Getty/Win McNamee

Charlie Munger steers clear of the brutal auto business - and says Elon Musk's archrival is better at the nuts and bolts of manufacturing

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Elon Musk
Elon Musk.

Bill Pugliano / Getty

The heir to Red Bull is Europe's richest millennial – and just banked another $615 million

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Mark Mateschitz
Mark Mateschitz inherited a 49% stake in Red Bull from his late father.

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Billionaire investor Stanley Druckenmiller sounds the alarm on stocks and the economy: 'Something's going to break'

Tech Insider : Crypto
Stanley Druckenmiller
Stanley Druckenmiller.

Brendan McDermid/Reuters

WeWork commanded a $47 billion valuation at its peak. It's crashed over 99% since then - and could now file for bankruptcy, reports say

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WeWork
WeWork's stock price has plummeted over 99% since it made its stock-market debut in March 2021.

Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images

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