Larry Summers says Silicon Valley Bank doesn't present systemic risk as long as it's handled reasonably

Tech Insider
larry summers
Larry Summers

Hyungwon Kang/Reuters

A $15 billion VC firm warned its startups of Silicon Valley Bank's red flags months ago and they withdrew $1 billion ahead of the turmoil

Tech Insider
SVB
UKRAINE - 2021/04/09: In this photo illustration the Silicon Valley Bank (SVB) logo is seen on a smartphone and a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)

Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

The Fed wants higher unemployment because it would bring down inflation

Tech Insider : Economy

Good morning readers. Phil Rosen here. It's jobs day today. 

If the reading comes in too hot, the Fed's going to have even more ammunition to push interest rates higher in the coming months — and every move higher tightens the screws on the economy even more, ramping up risk of a recession. 

Be cautious on Big Tech stocks even though the Nasdaq has been beating the S&P 500 so far in 2023, DataTrek says

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traders
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 29, 2019.

Brendan McDermid/Reuters

Universities are turning into real-estate hedge funds — and students are paying the price

Tech Insider : Economy, Politics
Collage featuring the hand of financial person pouring coins into a college/university building coin slot, with two graduates watching
Billionaire donors have warped the university's priorities from providing an effective education to steering profit-generating ventures.

Getty Images; Alyssa Powell/Insider

Citadel boss Ken Griffin made $4.1 billion last year, the most of any hedge fund manager in history

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Ken Griffin
Ken Griffin, Founder and CEO, Citadel, speaks during the Milken Institute's 22nd annual Global Conference in Beverly Hills, California, U.S., April 30, 2019.

Mike Blake/Reuters

Goldman Sachs says Apple stock will soar 32% over the next year with the market currently underestimating the stickiness of its product ecosystem

Tech Insider
Tim Cook Apple sitting on a red chair
Apple CEO Tim Cook

Jerod Harris/Getty Images Entertainment

The new era of investing is here and stocks will no longer be the key player, a top global strategist says

Tech Insider

Happy Saturday, readers. I'm Phil Rosen. 

I'm eager to share today's conversation with a top strategist about changes to the current investing landscape — but first I have a question. 

Who should I speak to next? 

A chief global strategist explains why it's time to pivot from stocks as a new era of investing kicks off

Tech Insider
Seema Shah chief global strategist principal asset management

Courtesy of Principal Asset Management

Bridgewater is pouring cash into artificial intelligence as billionaire founder Ray Dalio steps back, report says

Tech Insider : Technology
Ray Dalio on the Forum stage during day two of Web Summit 2018.
Ray Dalio.

Eoin Noonan/Web Summit via Getty Images

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