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Expect stocks to plunge at least 10% once investors price in the risk of recession, one strategist says

Wed, 08/30/2023 - 08:45

Tech Insider

traders — Stocks could plunge by 10% or more once investors start pricing in the risk of recession, Key Advisors' Eddie Ghabour says.
Brendan McDermid/Reuters

Markets, mi-exclusive, Markets, Stocks, stock-market-outlook, us-markets-and-economy, Inflation

Warren Buffett's 93rd birthday is today. Here's why the investing icon dreads his big day each year, and compares life to a snowball rolling down a hill.

Wed, 08/30/2023 - 07:26

Tech Insider

warren buffett — Warren Buffett.
Paul Morigi/Getty

Markets, mi-exclusive, Markets, Stocks, warren-buffett, berkshire-hathaway, alice-schroeder

Warren Buffett turns 93 today. Here are 6 of the investing icon's best birthday stories.

Wed, 08/30/2023 - 06:45

Tech Insider

warren buffett — Berkshire Hathaway CEO Warren Buffett talks to reporters while holding an ice cream at a trade show during the company's annual meeting in Omaha, Nebraska May 3, 2014.
REUTERS/Rick Wilking

Markets, mi-exclusive, Markets, Stocks, warren-buffett, berkshire-hathaway, sees-candies

Vin Fast suffered an $83 billion wipeout after the EV start-up's shares plunged 44% in a single day

Wed, 08/30/2023 - 06:42

Tech Insider

VinFast VF6 at the 2022 LA Auto Show — VinFast only expects to produce 50,000 cars this year.
Andrew Moseman

Markets, mi-exclusive, Markets, Stocks, stock-market-analysis, stock-market-outlook, stock-market-strategy

4 Big Tech giants have plowed over $1 trillion into stock buybacks in 10 years — more than Tesla or Meta's entire market value

Wed, 08/30/2023 - 06:39

Tech Insider

tim cook — Apple CEO Tim Cook.
Richard Drew/AP Images

Markets, mi-exclusive, Markets, Stocks, stock-buybacks, share-repurchases, big-tech

Stocks are poised to tumble - and many Americans are 'prisoners in their own homes' after mortgage rates soared, top economist David Rosenberg says

Tue, 08/29/2023 - 10:48

Tech Insider

David Rosenberg — David Rosenberg.
Rosenberg Research & Associates

Markets, mi-exclusive, Markets, Stocks, stock-market-outlook, Inflation, Recession

Veteran short-seller Jim Chanos calls soaring electric carmaker VinFast a '$200 billion meme stock'

Tue, 08/29/2023 - 08:36

Tech Insider

Vinfast electric car — VinFast Global CEO Michael Lohscheller unveils an electric vehicle the Los Angeles Auto Show .
Patrick Fallon/AFP

Markets, mi-exclusive, Markets, EV, Stocks, SPAC, chanos

A pretzel-shop worker committed a $1 million fraud to buy Tesla, GameStop, and Nvidia shares - and ended up making $7,000 for his broker, SEC says

Tue, 08/29/2023 - 08:16

Tech Insider

Elon Musk Axel Springer Awards — Tesla CEO Elon Musk.
HANNIBAL HANSCHKE /Getty Images

Markets, mi-exclusive, Markets, Stocks, day-trading, retail-investing, meme-stocks

Tech stocks will start rallying again soon thanks to the AI 'tidal wave', Wedbush says

Tue, 08/29/2023 - 05:19

Tech Insider

People walk near the Nasdaq building in Times Square on January 24, 2023 — Tech stocks will likely carry on racking up gains thanks to AI, according to Wedbush.
(Photo by Eduardo MunozAlvarez/VIEWpress)

Markets, mi-exclusive, Markets, Stocks, tech-stocks, Wedbush, nvidia

Warren Buffett may be bracing for a recession – and Michael Burry's latest big short is a 'good move,' says top economist Steve Hanke

Mon, 08/28/2023 - 05:13

Tech Insider

Michael Burry Warren Buffett — Warren Buffett and Michael Burry.
Getty Images

Markets, mi-exclusive, Markets, Stocks, warren-buffett, berkshire-hathaway, michael-burry

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