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Apple stock has lost $191 billion in market cap over 2 days on fears of China's crackdown

Thu, 09/07/2023 - 13:19

Tech Insider

Apple CEO Tim Cook speaks at an Apple event at their headquarters in Cupertino, California, U.S. September 10, 2019. — Apple CEO Tim Cook.
Stephen Lam/Reuters

Markets, mi-exclusive, Markets, stock-market, apple-stock, Stocks, tech-stocks

Warren Buffett's cash mountain is bigger than Disney after its epic stock plunge

Thu, 09/07/2023 - 09:30

Tech Insider

warren buffett — Warren Buffett is a big fan of holding cash so he can pounce on bargains.
Marc Cardwell/Reuters

Markets, mi-exclusive, Markets, Stocks, warren-buffett, berkshire-hathaway, disney

Charlie Munger invested nearly $90 million of his family fortune with Li Lu. The 'Chinese Warren Buffett' has turned it into about $400 million.

Thu, 09/07/2023 - 07:11

Tech Insider

Warren Buffet Charlie Munger Berkshire Hathaway — Warren Buffett and Charlie Munger.
Johannes Eisele/Getty Images

Markets, mi-exclusive, Markets, Stocks, charlie-munger, li-lu, berkshire-hathaway

Howard Marks warns more companies will default as they feel the full force of the Fed's inflation fight

Thu, 09/07/2023 - 05:45

Tech Insider

Howard Marks of Oaktree in front of an Oaktree label on a white filing cabinet. — Oaktree Capital Management cofounder Howard Marks.
K. Y. Cheng/South China Morning Post via Getty Images

Markets, mi-exclusive, Markets, debt-markets, debt-defaults, bond-markets, Stocks

Brace for stocks to crash 25% - and a recession to strike by spring, top economist David Rosenberg warns

Thu, 09/07/2023 - 05:11

Tech Insider

David Rosenberg — David Rosenberg.
CNBC

Markets, mi-exclusive, Markets, Stocks, stock-market-outlook, david-rosenberg, rosenberg-research

US stocks fall as Fed comments and new data raise fear of more rate hikes

Wed, 09/06/2023 - 16:02

Tech Insider

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, NY, U.S. November 18, 2016. REUTERS/Brendan McDermid — Traders work on the floor of the NYSE
Thomson Reuters

Markets, mi-exclusive, Markets, stock-market-outlook, Stocks, stock-market, stock-market-news

The maker of Wilson tennis rackets is planning to IPO in a deal that could reportedly value the company at $10 billion

Wed, 09/06/2023 - 12:07

Tech Insider : Sports

Wilson Tennis Racket maker Amer Sports plans IPO — The maker of Wilson tennis rackets is eyeing an IPO that could value the company at $10 billion.
Clive Brunskill / Getty Staff

Markets, mi-exclusive, Markets, Tennis, Sports, wilson, IPO

China Evergrande soars 70% to lead Chinese property names higher after another developer dodges default

Wed, 09/06/2023 - 10:20

Tech Insider

Evergrande China construction — Evergrande is China's second-biggest property developer.
Noel Celis/Getty Images

Markets, mi-exclusive, Markets, China, china-economy, china-evergrande, Evergrande

US stocks fall as Fed official says more rate hikes could still be on the table

Wed, 09/06/2023 - 09:32

Tech Insider

traders nyse — Traders work on the floor of the NYSE in New York
Brendan McDermid/Reuters

Markets, mi-exclusive, Markets, stock-market, stock-market-news, federal-reserve, Stocks

Jeremy Grantham sounds the alarm on stocks, recession, inflation, and interest rates in a new interview. Here are his 8 best quotes.

Wed, 09/06/2023 - 07:20

Tech Insider

jeremy grantham — Jeremy Grantham.
Nicholas Roberts/Reuters

Markets, mi-exclusive, Markets, Stocks, stock-market-outlook, stock-market-bubble, stock-market-crash

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