Tech drags US stocks lower as Oracle drops and Apple slides after iPhone event

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Apple CEO Tim Cook presents at WWDC 2023
Apple CEO Tim Cook speaks before the start of the Apple Worldwide Developers Conference at its headquarters on June 05, 2023 in Cupertino, California.

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Investors would have made more money buying the S&P 500 instead of following 'Big Short' investor Michael Burry's tweet warnings, an expert says

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Michael Burry big short
Michael Burry attends the "The Big Short" New York premiere at Ziegfeld Theater on November 23, 2015 in New York City.

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The S&P 500 looks risky and expensive - and could plunge 25% if something shocks the system, Morgan Stanley's stock chief warns

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Mike Wilson
Mike Wilson.

Bloomberg TV

Warren Buffett's Berkshire Hathaway sees its market value surge to a new record of almost $800 billion

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Warren Buffett, chairman and CEO of Berkshire Hathaway, right, listens to Microsoft founder and Berkshire board member Bill Gates during an interview with Liz Claman of the Fox Business Network in Omaha, Neb., Monday, May 7, 2012.
Warren Buffett, chairman and CEO of Berkshire Hathaway, right, listens to Microsoft founder and Berkshire board member Bill Gates during an interview with Liz Claman of the Fox Business Network in Omaha, Neb., Monday, May 7

China's economy is 'circling the drain' and you can't make money investing in a totalitarian government, investment chief says

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beijing
China's economy is 'circling the drain," Kyle Bass said.

REUTERS/Bobby Yip

The S&P 500 could crash nearly 50% as a brutal recession takes hold, veteran technical analyst warns

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Milton Berg
Milton Berg.

Forward Guidance/YouTube

Experts are split on whether stocks will beat the 'September Effect' – Ed Yardeni warns of pain while Bank of America sees room for gains

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Stock traders

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Bill Ackman's first stock was Wells Fargo – and Warren Buffett was a big reason why he bet on the bank

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Bill Ackman, Ackman, William Ackman
Bill Ackman only had $40,000 to his name when he started at Harvard Business School.

Allen Fredrickson/Reuters

Warren Buffett wrote to Leon Cooperman about stock buybacks, taxing the rich, and the presidency. Here are the 3 messages, from Cooperman's new memoir

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Leon Cooperman
Leon Cooperman.

Jeff Zelevansky/Reuters

September is a 'rotten' month for stocks and this year, high bond yields and inflation top the list of risks, Ed Yardeni says

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Ed Yardeni

Brendan McDermid/Reuters

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