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Rolex wants more control of its retail sales — and the move has sent shares of a top luxury watch dealer down 21%

Fri, 08/25/2023 - 15:10

Tech Insider

Watches of Switzerland, Rolex retail store — Retail store Watches of Switzerland sells Rolex watches, but its market share could be under threat now.
Peter Dazeley / Getty

Markets, mi-exclusive, Markets, luxury-watch, rolex, watches-of-switzerland, Switzerland

Top economist Steve Hanke says stocks look expensive – and a recession is 'right around the corner'

Fri, 08/25/2023 - 12:04

Tech Insider : Economy

Steve Hanke — Steve Hanke is professor of applied economics at Johns Hopkins University.
Steve Hanke

Markets, economy, Stocks, stock-market-outlook, house-prices, housing-market, steve-hanke

Top economist Steve Hanke says stocks look expensive – and a recession is 'right around the corner'

Fri, 08/25/2023 - 10:06

Tech Insider : Economy

A creative of US 100 dollar bills overlaying US government building — Stocks look pricey and a recession is looming, Steve Hanke says.
Douglas Rissing/Getty Images

economy, Markets, Markets, Stocks, stock-market-outlook, house-prices, housing-market

US stocks tumble as Nvidia-led rally fizzles ahead of Powell's Jackson Hole speech

Thu, 08/24/2023 - 16:08

Tech Insider

trader nyse chart screens terminal — Angela Weiss/AFP via Getty Images

Markets, mi-exclusive, Markets, nvidia, stock-market-news, Stocks, tech-stocks

S&P 500 investors are betting on a handful of stocks like Tesla and Nvidia, Apollo's Marc Rowan warns

Thu, 08/24/2023 - 15:28

Tech Insider

Mark Rowan — Marc Rowan.
Kevork Djansezian/Reuters

Markets, mi-exclusive, Markets, Stocks, stock-market-outlook, sp-500, big-tech

US stocks rise after Nvidia's blowout earnings beat

Thu, 08/24/2023 - 09:34

Tech Insider

Jensen Huang, CEO of NVIDIA, holding a chip. — Jensen Huang, CEO of NVIDIA, at a 2023 press conference in Taipei.
Sam Yeh / Contributor

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

Nvidia CEO Jensen Huang is now worth about $46 billion – more than Ken Griffin or Stephen Schwarzman

Thu, 08/24/2023 - 07:39

Tech Insider

Jensen Huang — Nvidia CEO Jensen Huang speaks during a press conference at The MGM during CES 2018 in Las Vegas on January 7, 2018. — Nvidia CEO Jensen Huang is a big fan of leather jackets.
Mandel Ngan/AFP/Getty Images

Markets, mi-exclusive, Markets, nvidia-stock, Stocks, Earnings, Wealth

China's stock market reels from record stretch of capital exodus

Thu, 08/24/2023 - 05:20

Tech Insider : Economy

A Chinese flag flying over Shanghai street — A Chinese flag flying over Shanghai.
Liu Liqun/Getty Images

Markets, mi-exclusive, Stocks, China, economy, Investment, china-stock-markets

The S&P 500 is poised to fall - and a government error could crush the US economy, one veteran trader warns

Thu, 08/24/2023 - 04:42

Tech Insider

Peter Borish — Peter Borish.
Youtube/Bloomberg/Peter Borish

Markets, mi-exclusive, Markets, Stocks, stock-market-outlook, sp-500, us-markets-and-economy

Stocks are pricing in an AI revolution, putting investors at risk of disappointment, Bill Gross says

Wed, 08/23/2023 - 08:52

Tech Insider

bill gross — Bill Gross.
YouTube / PIMCO

Markets, mi-exclusive, Markets, Stocks, bill-gross, bond-king, PIMCO

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