'Bond King' Bill Gross predicts stocks will drop as US and China slowdowns overshadow AI hype

Tech Insider
Bill Gross
Bill Gross.

Lucy Nicholson/Reuters

A long-time market bear who called the 2000 and 2008 crashes warns the S&P 500 could plummet 64%, bursting a historic bubble

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Traders 2008

(Photo by Mario Tama/Getty Images)

Steve Ballmer's $120 billion fortune makes him richer than Warren Buffett, Mark Zuckerberg, and Google's cofounders. The former Microsoft CEO can thank AI hype and a contract quirk.

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steve ballmer
Steve Ballmer.

REUTERS/B Mathur

Morgan Stanley says it was wrong to write off stocks – but warns cooling inflation could still kill the rally

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mike wilson morgan stanley bloomberg tv
Morgan Stanley's chief US equity strategist Mike Wilson.

Bloomberg TV

Elon Musk riffed on Oppenheimer's iconic quote to declare a meme war on Tesla short sellers. They still won't give up, he says.

Tech Insider : Crypto
Elon Musk at the Met Gala.
Elon Musk.

Andrew Kelly/Reuters

With or without Ye, Yeezys sell faster than Adidas can handle

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The Adidas and Yeezy logos and Kanye West.
The Adidas and Yeezy logos and Kanye West.

Raymond Hall/GC Images; MEGA/GC Images

Elon Musk rejects the 'investor' label, saying he isn't Warren Buffett. He's drawn that line before.

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Warren Buffett and Elon Musk
Warren Buffett (left) and Elon Musk.

Alex Wong/Getty, REUTERS/Rebecca Cook

Microsoft, Google, and the Fed are all in focus ahead of a make-or-break week for the 2023 stock-market rally

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Microsoft
Microsoft's second-quarter earnings are likely to be one of investors' main focal points in a crucial week for stocks.

Pietro Recchia/SOPA Images/LightRocket via Getty Images

US stocks have rallied so hard that the market is setting its sights on all-time highs once again

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traders happy celebrate fist pound
The S&P 500 is trading just below its previous all-time high.

Spencer Platt / Getty Images

FOMO, YOLO, RINO: The quirkiest catchphrases explaining the surprising buoyancy of the stock market and economy

Tech Insider : Economy
Traders work the floor of the New York Stock Exchange on May 25, 2023, in New York City.
Traders work the floor of the New York Stock Exchange on May 25, 2023, in New York City.

TIMOTHY A. CLARY/AFP via Getty Images

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