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Gary Shilling says the S&P 500 may crash 30%, a recession will hit — and bitcoin and AI are both overhyped

Thu, 02/08/2024 - 04:36

Tech Insider : Economy, Crypto

Gary Shilling — Gary Shilling.
A. Gary Shilling & Co.

Markets, economy, mi-exclusive, Markets, Stocks, gary-shilling, a-gary-shilling-company

Office-to-residential conversions have surged 357% since 2021 as billions in commercial mortgages come due

Wed, 02/07/2024 - 09:01

New York City skyline — The number of offices being converted into residential properties has skyrocketed since 2021.
CHARLY TRIBALLEAU/AFP via Getty Images

Real Estate, Markets, mi-exclusive, Markets, housing-market, real-estate, residential-real-estate

Stocks will drop, soaring US debt is worrying — and Elon Musk is overpaid, says elite investor Leon Cooperman

Wed, 02/07/2024 - 08:21

Tech Insider : Economy

Leon Cooperman — Leon Cooperman.
Rick Wilking/Reuters

Markets, economy, mi-exclusive, Markets, Stocks, leon-cooperman, omega-advisors

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

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

China is reportedly scrubbing the internet of negative coverage of its economy

Fri, 02/02/2024 - 13:56

Tech Insider : Economy, Economy

Xi Jinping — Multiple reports said Chinese authorities are scrubbing the internet of negative economic coverage.
REUTERS/Denis Balibouse

economy, Markets, mi-exclusive, Markets, China, china-economy, stock-market

Meta and Amazon add $270 billion in market cap — more than Netflix is worth

Fri, 02/02/2024 - 09:40

Mark Zuckerberg presents at the Meta Connect event in September 2023. — Mark Zuckerberg presents at the Meta Connect event in September.
Josh Edelson/AFP/Getty Images

Markets, Tech, mi-exclusive, Markets, Stocks, stock-market-analysis, stock-market-outlook

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

Thu, 02/01/2024 - 13:21

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

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

Warren Buffett's Berkshire Hathaway is an epic turnaround story — and its latest deal looks a winner, expert says

Thu, 02/01/2024 - 04:42

Warren Buffett — Warren Buffett.
Getty Images / Bill Pugliano

finance, mi-exclusive, Markets, Stocks, warren-buffett, berkshire-hathaway, diversified-retailing

How a critical election year could impact markets and the economy

Wed, 01/31/2024 - 12:44

Tech Insider : Economy, Economy

Former President Donald Trump and President Joe Biden. — The US presidential election will impact markets in 2024, Goldman Sachs said.
Scott Olson and Drew Angerer/Getty Images

Markets, economy, mi-exclusive, Markets, financial-markets, goldman-sachs, Biden

$110 billion is wiped off Alphabet's valuation after Google owner's advertising revenues disappoint

Wed, 01/31/2024 - 10:52

Google parent Alphabet's stock price fell Wednesday.

Jeff Chiu/Associated Press

Markets, Tech, mi-exclusive, Markets, Stocks, alphabet, google

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