Investing Insider

09 May 2024, 23:23

Don't blame Wall Street for jacking up home prices, economist says

"Lawmakers are looking for a new scapegoat to blame for unaffordable housing," Capital Economics said.

08 May 2024, 23:40

Saudi Arabia's $100 billion AI and semi-chip fund says it will divest from China if the US asks

"US is the number one market, US is the number one partner, and we hope we can partner more deeply," Alat CEO Amit Midha said.

08 May 2024, 10:08

Why Apple will be the big winner of AI's 2nd wave, according to 'Big Short' investor Steve Eisman

"I have the new phone. That phone is probably not going to be capable to do some of the apps that you're going to want to do," Eisman said.

07 May 2024, 02:08

3 reasons why bitcoin can still reach $150,000 by 2025, according to Bernstein

Bitcoin demand and continued mining discipline keep $150,000 on the table, Bernstein analysts wrote on Monday.

06 May 2024, 16:53

Building resilient portfolios: Here are 9 key investing guidelines to keep in mind

In gardening, providing optimal sunlight and water to plants ensures healthy growth. Similarly, in investing, making well – ...

03 May 2024, 22:14

China's stock market has staged a big rebound that's poised to push on, strategist says

The stock market and the economy in China have staged a rebound recently after being branded "uninvestable" amid real estate and consumer woes.

03 May 2024, 20:23

Stocks' bull run will end in a bubble or recession, says Bank of America strategist

Stocks are in a "late secular bull market" that's likely to end in tears, Bank of America's Michael Hartnett warned in a research note.

03 May 2024, 04:34

Making the power grid 'smart' could save us all money and prevent blackouts. Chattanooga made the $280 million investment.

The electric grid in Chattanooga, Tennessee, is one of the smartest in the nation. It's a peek at the ultraresilient power system of the future.

03 May 2024, 00:13

Billionaire 'bond king' Bill Gross says soaring Treasury issuance means bond yields can't come down anytime soon

"Look for 5% plus 10-year yields over the next 12 months," Bill Gross wrote in a note published this week.

02 May 2024, 22:44

Why one economist says Elon Musk has turned Tesla into a meme stock

"From the standpoint of Wall Street speculators, it is a bouncing ball in a roulette wheel: a tech-bubble casino play," J. Bradford DeLong wrote.

02 May 2024, 21:42

I made $20,000 in 5 months by renting out extra apartments in my Sacramento backyard

George Warren said that over the past five months, the rental income from his two ADUs has earned him thousands and lowered his taxable income.

02 May 2024, 21:41

China hedge fund Pinpoint is bouncing back in 2024 after years of poor performance

Pinpoint Asset Management, founded by Wang Qiang 25 years ago, is rebounding as the fund faces more competition for local talent.

01 May 2024, 20:55

Bitcoin will drop 13% to $50,000 after falling below a key support level as macro drivers slow, Standard Chartered says

Bitcoin has fallen past the ETF purchase price of around $58,000, putting over half of ETF positions underwater, Standard Chartered wrote.

30 Apr 2024, 01:49

A new ETF offers investors '100% downside protection' on the stock market. The catch is that it also limits upside.

"There's no free lunch here, so a cap of right around 9.65% is what we're seeing now, with 100% protection over the next 365 days," Calamos said.

29 Apr 2024, 22:08

Tesla stock surges 12% on Elon Musk's China Full Self-Driving 'home run'

Musk seems to have won Beijing's backing for Tesla's autonomous-driving technology in China, which one analyst called a "watershed moment."

29 Apr 2024, 22:07

My Wall Street job was seductive, and nearly destroyed me

This investment banking analyst quit her job on Wall Street after she fainted at work. She says banking made her tired, anxious, and unhappy.

29 Apr 2024, 17:43

3 things Costco shoppers should know before buying gold bars

Costco sells an estimated $200 million worth of gold and silver bars a month, but shoppers should keep some key things in mind before buying.

28 Apr 2024, 19:34

The Fed will only cut rates when it's panicking over a recession and a market crash, Black Swan investor says

"This economy is built on low interest rates," Mark Spitznagel said. "There are lag effects when you reset interest rates like we had."

28 Apr 2024, 17:24

Here's what 93-year-old Warren Buffett and YouTuber Ryan Trahan, 25, have in common

Warren Buffett and YouTube star Ryan Trahan share a love of fast food, an aversion to vegetables, and a knack for making money quickly.

26 Apr 2024, 16:49

Alphabet stock surges 11% on blowout earnings and first dividend for Google owner

The S&P 500 and Nasdaq 100 are set to open higher after both Alphabet and Microsoft posted strong first-quarter earnings reports.

26 Apr 2024, 02:54

2 founders of a crypto mixer charged with laundering funds from the dark web

Prosecutors say Samourai Wallet, which anonymized crypto transactions, laundered hundreds of millions of dollars for criminals on the dark web.

25 Apr 2024, 23:18

A 'buy bitcoin' sign flashed behind Janet Yellen during a 2017 hearing just sold for $1 million

The sign, scrawled on a yellow legal pad, was held behind Janet Yellen during a 2017 Congressional testimony.

25 Apr 2024, 17:38

Meta shares plunge as Mark Zuckerberg's AI push spooks investors

Meta stock fell as much as 15% in after-hours trading on fears about the costs of its AI drive and lackluster revenue guidance for the second quarter.

24 Apr 2024, 22:28

Billionaire investor Howard Marks says AI's impact doesn't make it immune to a crash

"Every bubble starts from widespread conviction," Howard Marks told CNBC, saying that its hard to determine the winners of the AI wave.

24 Apr 2024, 16:50

Stock market today: Tesla shares pop as Elon Musk's promise of cheaper EVs charms investors

Despite missing expectations for the first quarter, Tesla stock still staged a comeback in after-hours trading on talk of new, more affordable models.