Who is Leo Koguan, the Elon fanboy and one of Tesla's largest shareholders who last year that Musk had 'abandoned' the EV maker
Leo KoGuan regularly touts his big buying sprees of Tesla stock but he has soured sharply on CEO Elon Musk's leadership.
Brian Evans
Junior markets reporter
Nvidia will be dominant in AI and the cloud for the next decade, says portfolio manager; 'How can you not own this?'
"AI is something that's revolutionizing the way we will work, the way we will compute, the way we will interact with our society."
The Fed is 'behind yet again' as hot inflation data signals bad news for stocks, bonds and economy, Mohamed El-Erian says
"I think even this word 'disinflation' can't be said anymore. Inflation is heading the wrong way," Mohamed El-Erian told Bloomberg TV on Friday.
Markets are overrun with bearish sentiment that ignores the resilient economy, strategist says; 'Earnings can hang in there'
"I'm not saying we're off to the races, I'm just saying the economy is actually in better shape," said Hightower Advisors' Stephanie Link.
US stocks finish higher after volatile session as S&P 500 breaks out of slump
Trading was volatile as the major indexes swung between gains and losses intraday, following a big sell-off earlier in the week.
Tesla is still the benchmark in EVs, and some rivals will fail or be bought, says former Ford CEO
Competition is on the rise but Tesla is still leading the pack among EV makers, according to former Ford chief executive Mark Fields.
Oil prices will jump 25% in the next 6 months but it's a 'believe it when I see it market,' analyst says
US crude oil prices could climb to $90 to $95 per barrel but will have trouble surpassing $100 per barrel, said CIBC.
US stocks rise as the S&P 500 looks to snap a 4-day losing streak
The S&P 500 has notched four straight losses, which is the longest losing streak for the benchmark so far in 2023.
Blacklisted Chinese stocks have helped an asset manager in Norway beat 90% of peers this year, report says
"One thing that we like, as contrarian investors, is buying from people who have to sell at an any price. That gave us a very, very good price."
The US housing market has lost $2.3 trillion in value from its peak as home prices tumble
US homes lost 4.9% of their value, marking the largest June-to-December drop in percentage terms since 2008, according to Redfin.
The Dow and S&P 500 will rally 9% this year, according to survey of Wall Street analysts
A Reuters poll of analysts predicted the S&P 500 could gain more than 9% by the end of the year, though some expect a correction in the next three months.
Tesla EVs are the cheapest they have ever been relative to the overall US auto market
Today, the lower-end Tesla Model 3 now starts at $42,990, while the average cost of a new vehicle is nearly $48,000, according to Bloomberg.
Buy Meta stock as Mark Zuckerberg takes a page from Elon Musk's playbook, Bank of America says
"We are intrigued by this offering, which follows Twitter Blue and likely reflects demand for more services by Facebook's creators."
Jeremy Siegel says earnings estimates on Wall Street have a higher chance of being met as recession risk eases
Expect corporate earnings to meet estimates, according to Jeremy Siegel, as strong payroll data drives markets and helps the US avoid a recession.
The White House gave Russia 'hours' notice that Joe Biden was making a surprise trip to Ukraine
Russia was given advanced notice for "de-confliction purposes" before President Joe Biden took a 10-hour train ride from Poland to Ukraine's capital.
Joe Biden is running out of ammunition to fight the next oil crisis
"To allow this drawdown to take place has put undue stress on American resources and limits our ability to respond to an oil market spike."
Microsoft is 'leading the pack' in artificial intelligence with ChatGPT and shares could jump 15%, Wedbush's Dan Ives says
"Now the Street awaits Apple, Meta and others with their next poker moves in this AI Big Tech battle underway," Wedbush said.
Investor sentiment has become 'extremely greedy' and that makes the market fragile, says Fairlead's Katie Stockton
"Sentiment has now gotten what we call sort of extremely greedy. You can see it maybe yesterday in bitcoin," according to Farilead's Katie Stockton.
Tesla activist investor says he's a huge supporter of Elon Musk but warns his lifestyle is unsustainable
"If we're going to get to Mars and we're going to do that, we need Elon to make it another 20 years at least," Ross Gerber told Yahoo Finance.
Artificial intelligence is akin to crypto in 2021 as the sector is facing investor hype, says founder of tech investment firm
Most of the value in AI is actually "going to accrue to the incumbent big-tech companies - I'm sort of most bullish on Microsoft."