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Stock market today: US stocks close at all-time highs ahead of key inflation update

The Dow and the S&P 500 closed at a record high. Markets are waiting for September inflation data, …

Jennifer Sor   


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2 mins read

Billionaire investor David Einhorn shares an overlooked theory for why gold prices have spiked so much

Billionaire hedge fund boss David Einhorn shared his thoughts about why gold has soared this year i…

Yuheng Zhan   


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1 min read

Billionaire investor Ray Dalio says he's owning gold to hedge the risk of debt and inflation crises

The risks of debt defaults and inflation boost gold as an investment, Dalio said. The precious meta…

Jennifer Sor   


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1 min read

Tesla is acting like a meme stock right now, says billionaire 'Bond King' Bill Gross

"Tesla acting like a meme stock — sagging fundamentals, straight up price action," legendary bond m…

Matthew Fox   


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1 min read

Billionaire investor Stanley Druckenmiller trimmed his Nvidia bet after huge gains, said AI is a 'little overhyped' at this point

"I just need a break. We've had a hell of a run. A lot of what we recognized has become recognized …

Filip De Mott   


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1 min read

Trump Media is being 'absurdly' valued by investors, LinkedIn cofounder says

Trump Media made just $4 million last year and lost $58 million, financial documents show.

Jennifer Sor   


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2 mins read

The strategy a $69 billion hedge fund uses to make sure it never loses money in the stock market

Millennium Management's $69 billion hedge fund has lost money in just one year since its 1989 found…

Matthew Fox   


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4 mins read

Insider Today: Billionaires' favorite festival

In this Sunday edition of Insider Today, we're talking about billionaires at Burning Man and Nvidia…

Dan DeFrancesco   


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2 mins read

Billionaire investor Ron Baron says Tesla stock has bottomed out and will 'go up huge' on the promise of more affordable vehicles

The billionaire investor says markets will buy back into Tesla now that a low-cost vehicle has been…

Filip De Mott   


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1 min read

Stock market today: US indexes gain after soft inflation report supports more rate cuts

"The Fed feels as though it has won the battle on inflation and its primary focus is making sure th…

Matthew Fox   


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Billionaire investor Ray Dalio doesn't think the stock market is in a 'full-on bubble'

The legendary founder of Bridgewater said stocks don't look "very bubbly," but there's still a risk…

Phil Rosen   


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1 min read

Billionaire 'Bond King' Bill Gross says a Trump win would be 'disruptive' for markets

A Trump presidency would worsen US fiscal deficits, the billionaire investor and PIMCO co-founder s…

Shubhangi Goel   


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Media mogul Barry Diller slams fellow billionaires who back Trump for economic reasons: they 'don't need another nickel'

Barry Diller criticized the super-wealthy who ignore Donald Trump's character flaws and support him…

Theron Mohamed   


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3 mins read

Why the stock market's AI trade came back to life this week

Oracle cofounder Larry Ellison said the AI spending race will go on "forever" as the cost of large …

Matthew Fox   


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Billionaire 'Bond King' Bill Gross recommends 4 defensive investments for a bull market he sees losing steam

Bill Gross says investors should focus on defensive and high-yielding stocks.

Filip De Mott   


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1 min read

Selena Gomez's beauty brand just made her a billionaire

Selena Gomez's Rare Beauty has been a bonafide smash, and it doesn't have a parent or corporate par…

Geoff Weiss,Micaela Garber   


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1 min read

Billionaire investor Stanley Druckenmiller dumped Alphabet and Amazon last quarter and piled further into AI winners Nvidia and Microsoft

Stanley Druckenmiller's Duquesne Family Office increased its stake in Microsoft, while buying call …

Filip De Mott   


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3 mins read

A startup pitching AI as a way to automate 80% of influencer-marketing tasks gets funding from billionaire Tim Draper

Influencer-marketing startup Dreamwell AI raised $2.3 million from Tim Draper and others as it seek…

Dan Whateley   


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2 mins read

Stock market today: Stocks end mixed ahead of pivotal August jobs report

Stocks wobbled on Thursday as investors took in new data ahead of the August jobs report, due out a…

Kelly Cloonan   


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4 mins read

Don't hate billionaires like Jeff Bezos — they make our lives better, 2 experts say

The super-wealthy are criticized by some, but two academics say many billionaires become rich by im…

Theron Mohamed