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Big short trader Danny Moses warns Tesla is vulnerable to 70% drop

by Walter Watson
Big short trader Danny Moses warns Tesla is vulnerable to 70% drop

Tesla shares are still vulnerable to a big decline ahead, according to investor Danny Moses of “The Big Short” fame . Even with the electric-vehicle maker’s stock down 32% so …

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S&P 500 rebounds to less than 1% from a record after orderly three-week pullback

by Walter Watson
S&P 500 rebounds to less than 1% from a record after orderly three-week pullback

The ideal fix for a market that’s traveled too far, too fast, is for it so slow down and back up a bit. This, by most appearances, is the story …

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‘Twist’ in succession plan raises eyebrows among Buffett’s Omaha faithful

by Walter Watson
‘Twist’ in succession plan raises eyebrows among Buffett’s Omaha faithful

OMAHA, Nebraska — Many Berkshire Hathaway shareholders left last weekend’s annual meeting pondering Warren Buffett’s big revelation about succession. The Oracle of Omaha on Saturday told an arena full of shareholders …

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Berkshire Hathaway’s 2024 meeting is Saturday. Here’s how to watch

by Walter Watson
Berkshire Hathaway’s 2024 meeting is Saturday. Here’s how to watch

Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024.  David A. Grogan When Warren Buffett kicks …

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Market fear signals flashing red as stocks pull back from record highs

by Walter Watson
Market fear signals flashing red as stocks pull back from record highs

Several major gauges of fear in the market are reflecting increased alarm from investors. The Cboe Volatility Index , a measure of anticipated market instability that’s known as Wall Street’s …

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Cathie Wood takes a stake in OpenAI, betting on an explosion in AI use

by Walter Watson
Cathie Wood takes a stake in OpenAI, betting on an explosion in AI use

Cathie Wood’s Ark Invest has taken a stake in OpenAI, the popular artificial intelligence player that’s behind ChatGPT. In a Thursday email to clients, the St. Petersburg, Florida-based asset manager …

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Hedge funds are selling stocks at the fastest pace in three months

by Walter Watson
Hedge funds are selling stocks at the fastest pace in three months

Hedge funds are dumping stocks at the fastest pace in three months as what’s often called ” the smart money ” stepped up bearish wagers against equities amid the recent …

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Bull market breaks its stride with the S&P 500’s first 2% dip in a long while

by Walter Watson
Bull market breaks its stride with the S&P 500’s first 2% dip in a long while

Was that a change in the market’s character last week, or is it still the same old bull? Thursday’s late air pocket in the indexes makes the question at least …

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Markets don’t seem to care about the presidential election, but that could change soon

by Walter Watson
Markets don’t seem to care about the presidential election, but that could change soon

Fresh off nomination-clinching wins in their respective primaries, President Joe Biden and former President Donald Trump are set to square off in what is likely to be a bruising, no-holds-barred …

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