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'Magnificent 7' tech stocks are dangerously dominant — and recession's still a real risk, top economist warns

Fri, 02/23/2024 - 12:34

Tech Insider : Economy, Economy

stock trader, chart — Stock trader
Reuters

economy, Markets, economy, us-markets-and-economy, magnificent-seven, tech-stocks, big-tech

The Fed is going to hold out on rate cuts longer than we think, investment strategist says

Thu, 02/15/2024 - 11:28

Tech Insider : Economy, Crypto

Fed Chair Jerome Powell — U.S. Federal Reserve Board Chairman Jerome Powell speaks at a news conference.
Win McNamee/Getty Images

economy, Markets, fed-rate-cuts-forecast, us-economy-outlook, consumer-spending, us-stock-market, tech-stocks

The epic stock rally will end badly, the AI bubble will burst, and the economy will sink, warns elite investor Jeremy Grantham

Thu, 02/15/2024 - 08:39

Tech Insider : Economy

GettyImages 1193640565 — Jeremy Grantham.
Boston Globe/Getty Images

Markets, economy, mi-exclusive, Markets, Stocks, stock-market-outlook, stock-market-bubble

Nvidia's value surges about $500 billion in 6 weeks — that's almost as much as Tesla is worth

Tue, 02/06/2024 - 07:19

Tech Insider

Nvidia founder, president and CEO Jensen Huang displays his tattoo in September 2010. — Nvidia cofounder and CEO Jensen Huang.
Robert Galbraith/Reuters

Markets, Tech, mi-exclusive, Markets, Stocks, nvidia-stock, jensen-huang

Why Meta's shiny new dividend and whopping $50 billion buyback plan may divide investors

Fri, 02/02/2024 - 10:48

Tech Insider

Mark Zuckerberg — Meta CEO Mark Zuckerberg.
AP

finance, finance, meta-platforms, mark-zuckerberg, facebook, Instagram, whatsapp

23andMe's share price keeps on falling in the wake of hacks and losses

Thu, 02/01/2024 - 13:21

Tech Insider

23andMe CEO Anne Wojcicki — 23andMe CEO Anne Wojcicki.
Steve Jennings/Getty Images/TechCrunch

Markets, Tech, mi-exclusive, Markets, Stocks, 23-and-me, genetic-testing

Elon Musk is now worth just under $200 billion — and Jeff Bezos is only $15 billion behind

Mon, 01/29/2024 - 07:04

Tech Insider

Elon Musk Puzzled — Elon Musk is still the world's richest person – for now.
Jewel Samad/AFP/Getty Images

Markets, Tech, mi-exclusive, Markets, Stocks, elon-musk, tesla

A clothing retailer that was at the heart of millennial fashion in the 2000s has nearly matched Nvidia stock's huge gains this year

Fri, 11/24/2023 - 09:45

Tech Insider

Shopper walks past entrance to Abercrombie & Fitch store with photo of male model visible — Abercrombie & Fitch stock has gained more than 210% in 2023.
Amy Sancetta/AP

Markets, mi-exclusive, Markets, stock-market, Stocks, abercrombie-fitch, nvidia

ETFs that track meme stocks have been surging, as 'animal spirits' return to markets

Tue, 11/21/2023 - 12:42

Tech Insider

Reddit — Traders on Reddit and other internet forums famously pushed up the price of meme stocks to dizzying highs at the start of the pandemic.
SOPA Images/Contributor

Markets, mi-exclusive, Markets, meme-stocks, stock-market-outlook, Stocks, tech-stocks

A jazz critic missed out on a $6 million fortune by selling his Apple stock for about 1/700 of its value today

Tue, 11/21/2023 - 06:18

Tech Insider

Steve Jobs — Steve Jobs.
Alessia Pierdomenico / Reuters

Markets, mi-exclusive, Markets, Stocks, apple, apple-stock, tech-stocks

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