MI Exclusive | iCloud.Info

MI Exclusive

Mohamed El-Erian says the US is in the second stage of the banking turmoil – and lists 4 ways to avoid a 'significantly damaging' third phase.

Wed, 05/10/2023 - 10:57

FILE PHOTO - Mohamed El-Erian speaks during the — File photo of Mohamed El-Erian speaking at the 2009 Milken Institute Global Conference in Beverly Hills.
Thomson Reuters

Markets, MI Exclusive, Mohamed El-Erian, Banking Crisis, us banking crisis, Silicon Valley Bank, Silicon Valley Bank collapse

Warren Buffett's Apple bet is worth $158 billion or 22% of Berkshire Hathaway's total market value. The investor gave 5 reasons why he's not stressing about the wager's size.

Wed, 05/10/2023 - 10:44

warren buffett — Warren Buffett.
AP Images

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, Berkshire Hathaway Annual Meeting 2023, apple

Russia's oil exports climb to fresh highs despite threats to slash production

Wed, 05/10/2023 - 09:46

vladimir putin — Vladimir Voronin / AP

Markets, MI Exclusive, Vladimir Putin, Russia, russia economy, Russian Oil, Sanctions

Airbnb stock slides 12% as execs warn of a potential booking slowdown in the second quarter

Wed, 05/10/2023 - 09:38

airbnb ipo nasdaq — Airbnb shares fell Wednesday after execs warned of a tougher second-quarter.
KENA BETANCUR/AFP via Getty Images

Markets, MI Exclusive, Stocks, AirBnB, Q1 Earnings, Stock Market Analysis, Stock Market Outlook

US stocks rise after CPI shows inflation rose at slowest pace in 2 years in April

Wed, 05/10/2023 - 09:37

Tech Insider : Economy

new york stock exchange traders bank run silicon valley bank — TIMOTHY A. CLARY / Getty

Markets, MI Exclusive, Stocks, S&P 500, Dow Jones Industrial Average, Nasdaq Composite, CPI

Commercial real estate lending plunged 56% last quarter as 'logjam' of uncertainty clogged the market

Wed, 05/10/2023 - 08:34

empty office space — A demonstrator from the Occupy movement stands in an empty unfinished office in the recently occupied building owned by banking giant UBS, in the City of London.
Reuters/Luke MacGregor

Markets, MI Exclusive, Commercial Real Estate, commercial real estate market, Credit Crunch, Interest Rates, mortgage rates

Berkshire Hathaway cuts stake in EV maker BYD as Warren Buffett and Charlie Munger say they don't want to compete against Elon Musk

Wed, 05/10/2023 - 08:01

Warren Buffett and Elon Musk — Warren Buffett (left) and Elon Musk (right)
Alex Wong/Getty, REUTERS/Rebecca Cook

Markets, MI Exclusive, Warren Buffett, Berkshire Hathaway, Elon Musk, byd, BYD stock

Galaxy Digital will move more of its operations offshore because of a 'regulatory headache' in the US, billionaire crypto bull Mike Novogratz says

Wed, 05/10/2023 - 07:38

Mike Novogratz — Galaxy Digital will move more of its crypto operations offshore, billionaire investor Mike Novogratz said Tuesday.
Lucas Jackson/Reuters

Markets, MI Exclusive, Currencies, Cryptos, Mike Novogratz, Galaxy Digital, Stock Market Analysis

Stanley Druckenmiller rings the alarm on an imminent recession - and says AI could rival the internet in impact

Wed, 05/10/2023 - 07:14

Stanley Druckenmiller — Stanley Druckenmiller.
Brendan McDermid/Reuters

Markets, MI Exclusive, Stocks, Stanley Druckenmiller, Duquesne Family Office, US Markets and Economy, Inflation

Brace for a real-estate recession as commercial property will be the next domino to fall in the US, says top Guggenheim and Apollo execs

Wed, 05/10/2023 - 07:07

Office building at 263 Old Country Road in Melville, NY, available for rent for over a year on April 17, 2023. — A vacant office building in Melville, New York.
Photo by Howard Schnapp/Newsday RM via Getty Images

Markets, MI Exclusive, Commercial Real Estate, commercial real estate market, commercial property, Guggenheim Partners, apollo

Subscribe to MI Exclusive