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GOP lawmaker leading Florida legislature's effort to rein in Disney was a company stock-holder until the DeSantis feud

Fri, 04/21/2023 - 16:55

Tech Insider : Politics

Florida Gov. Ron DeSantis is working to claw back power from Walt Disney World, with help from the Florida legislature including Republican state Sen. Blaise Ingoglia (R). — Florida Gov. Ron DeSantis is working to claw back power from Walt Disney World, with help from the Florida legislature including Republican state Sen. Blaise Ingoglia (R).
John Raoux and Wilfredo Lee/AP Photo

politics, News, Ron DeSantis, Disney World, Walt Disney Co., Stocks, Conflicted Congress

US stocks rise but close lower for the week as investors mull mixed bag of corporate earnings

Fri, 04/21/2023 - 16:07

Tech Insider

Traders work on the floor of the New York Stock Exchange — Traders work on the floor of the New York Stock Exchange
Michael M. Santiago/Getty Images

Markets, MI Exclusive, Markets Wrap, Stock Market Outlook, Investing Outlook, Stocks, Bonds

Jeremy Grantham warns US house prices will drop, the S&P 500 could plunge 52%, and more banking problems may lie ahead

Fri, 04/21/2023 - 11:54

Tech Insider

jeremy grantham — Jeremy Grantham.
REUTERS/Nicholas Roberts

Markets, MI Exclusive, Stocks, Real Estate, Jeremy Grantham, GMO, Housing Bubble

US stocks trade mixed as Wall Street digests slew of earnings results

Fri, 04/21/2023 - 09:41

Tech Insider : Economy

US stock market traders — Friday's inflation print shocked investors.
Xinhua News Agency/Getty Images

Markets, MI Exclusive, Stocks, Stock Market Outlook, US Equities, Markets Wrap, Outlook

Tesla saw a $56 billion stock rout in a single day, an amount that dwarfs Ford's market cap

Fri, 04/21/2023 - 09:38

Tech Insider

Tesla electric cars charge at a Supercharger. — Tesla electric cars charge at a Supercharger.
George Rose/Getty Images

Markets, MI Exclusive, Stocks, Elon Musk, tesla, Market Cap, Market capitalization

Larry Summers says the Fed has inflation on the ropes, calls out crypto frauds, and bemoans the debt-ceiling fiasco. Here are the ex-Treasury chief's 12 best quotes from a new interview.

Fri, 04/21/2023 - 07:18

Tech Insider : Crypto

Larry Summers — Larry Summers.
NICHOLAS KAMM/AFP via Getty Images

Markets, MI Exclusive, Stocks, Larry Summers, US Treasury, US Markets and Economy, Inflation

US tech stocks have run their course for now – and face a 20% to 40% correction, veteran trader says

Fri, 04/21/2023 - 07:12

Tech Insider

Stock Trader — A stock trader.
Photo by TIMOTHY A. CLARY/AFP via Getty Images)

Markets, MI Exclusive, Tech stocks, tech stock rally, S&P 500, NASDAQ, Banking

Meta just surged past Tesla in market value for the first time in 16 months

Fri, 04/21/2023 - 06:54

Tech Insider

Mark Zuckerberg — Meta's market capitalization passed Tesla's for the first time since December 2021 on Thursday.
Facebook

Markets, MI Exclusive, Stocks, tesla, meta, Stock Market Analysis, Stock Market Outlook

The US economy is facing the ultimate 'trilemma' as the Fed desperately tries to get inflation down, Mohamed El-Erian says

Thu, 04/20/2023 - 15:39

Tech Insider : Economy

Mohamed El-Erian — Mohamed El-Erian
Mohamed El-Erian

Markets, MI Exclusive, Stocks, Stock Market Outlook, Investing Outlook, Inflation, Recession

The stock market rally has run its course as earnings highlight weakening consumer demand, strategist says

Thu, 04/20/2023 - 15:17

Tech Insider

traders nyse — Brendan McDermid/Reuters

Markets, MI Exclusive, Stocks, S&P 500, Nasdaq Composite, Equities, Market Outlook

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