Finance

Outside the Box: Life inside a stock market bubble is great until someone takes out a pin

“Nothing sedates rationality like large doses of effortless money.” So wrote Warren Buffett in 2000, after the burst of the tech-infused stock market bubble of 1997-1999. Nowadays millions of U.S. stock market players have made significant money with little effort since that March 2020 plunge at the pandemic’s onset. Amid the pandemic, a raging bull […]

Technology

Musk to Tesla employees: ‘Our stock will immediately get crushed like a souffle under a sledgehammer!’ if we don’t control costs

Elon Musk, CEO of Tesla, speaks to media representatives at the Tesla Gigafactory construction site In Grünheide near Berlin, September 3, 2020. Julian Stähle | picture alliance via Getty Images Tesla CEO Elon Musk sent an e-mail to employees on Tuesday warning them that they need to control their spending in order to continue squeaking […]

Global Economy

Cramer calls this stock market environment ‘the most speculative’ he’s ever seen

CNBC’s Jim Cramer said Tuesday that some of the stock gains in the market are “insane,” with investors recently buying certain names from Tesla to Royal Caribbean seemingly without regard for fundamentals or the state of the coronavirus pandemic and holding onto them. “Where are the profit-takers” after these dizzying moves higher? the “Mad Money” […]

Investment

5 things to know before the stock market opens Friday

Here’s the most important news, trends and analysis that investors need to start their trading day: Investors assess vaccine news against Covid-19 case spikes Pfizer and BioNTech to request emergency authorization Conflicting developments around remdesivir CDC tells Americans to stay home for Thanksgiving Trump campaign won’t give up challenges to Biden’s victory 1. Investors assess […]