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MI Exclusive

Mark Zuckerberg is $9 billion richer after Meta earnings, and has more than doubled his net worth in 2023 to $118 billion

Thu, 07/27/2023 - 11:49

Mark Zuckerberg 2020 — Mark Zuckerberg in 2020
Getty

Markets, MI Exclusive, Mark Zuckerberg, meta, meta platforms, Stock Market, Movers

The classic 60/40 portfolio isn't dead. Here's why it's gearing up for a decade of strong returns.

Thu, 07/27/2023 - 11:36

traders phone screens nyse — Traders work on the floor of the New York Stock Exchange, November 16, 2010.
Brendan McDermid/Reuters

Markets, MI Exclusive, Vanguard, Stock Market Outlook, Stocks, 60/40 portfolio, New York Stock Exchange

Meta adds $69 billion in market value after Mark Zuckerberg sees advertising rebound and talks up Threads potential

Thu, 07/27/2023 - 09:56

Mark Zuckerberg, founder and CEO of Facebook/Meta, is seen in attendance during the UFC Fight Night event at UFC APEX on October 01, 2022 in Las Vegas, Nevada. — Mark Zuckerberg.
Jeff Bottari/Zuffa LLC

Markets, MI Exclusive, meta, meta platforms, Stock Market, Mark Zuckerberg, Earnings

Here's what the Fed's likely going to do the rest of the year, according to investors

Thu, 07/27/2023 - 09:39

jerome powell — Federal Reserve Board Chairman Jerome Powell prepares to testify before a Senate Banking Housing and Urban Affairs Committee hearing on the The Semiannual Monetary Policy Report to the Congress; on Capitol Hill in Washington, U.S., March 1, 2018.
Yuri Gripas/Reuters

Markets, MI Exclusive, Jerome Powell, Federal Reserve, Fed, Rate Hikes, Inflation

US stocks climb as the Dow heads for longest winning streak in 126 years

Thu, 07/27/2023 - 09:34

NYSE Traders — Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 2, 2020.
Brendan McDermid/Reuters

Markets, MI Exclusive, stock market news, Federal Reserve, Dow Jones, Meta stock, Inflation

Alaska has boosted its Nvidia bet 50-fold in recent years, giving it a $142 million stake in June

Thu, 07/27/2023 - 09:11

Dog sled race — A dog race in Alaska.
REUTERS/Mark Meyer

Markets, MI Exclusive, Stocks, Alaska Department of Revenue, stock portfolio, Nvidia stock, tesla

JPMorgan rides to the rescue again, snapping up mortgages worth $1.8 billion as part of PacWest merger

Thu, 07/27/2023 - 08:45

JPMorgan Chase & Co. — JPMorgan's headquarters in Manhattan.
Leonardo Munoz/Getty Images

Markets, MI Exclusive, JPMorgan, Regional Banks, PacWest Bank, Banc of California, Mortgages

US stocks are the most expensive vs. bonds in 20 years - prepare for returns to remain weak for years, strategist says

Thu, 07/27/2023 - 07:42

stock market investing — John W Banagan / Investing

Markets, MI Exclusive, Stocks, Stock Market, Stock Market Outlook, stock market outlook 2023, US stocks

Tim Cook was turned down for an Apple Card, report says. That's absurd.

Thu, 07/27/2023 - 06:19

tim cook — Apple CEO Tim Cook.
REUTERS/Lucy Nicholson

Markets, MI Exclusive, Stocks, Tim Cook, apple, Apple Card, Goldman Sachs

'Bond King' Bill Gross says he's dumping 80% of his regional bank holdings after making 'mucho bucks' in just three months

Thu, 07/27/2023 - 05:51

Bill Gross — PIMCO co-founder Bill Gross.
Lucy Nicholson/Reuters

Markets, MI Exclusive, Bill Gross, PacWest Bank, Banc of California, banking turmoil, SVB

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