Markets

‘It’s not healthy to have people buying stocks for fun’: Billionaire investor Howard Marks warns the day-trading boom reminds him of the dot-com bubble

Billionaire investor Howard Marks took aim at rash day traders in a CNBC interview on Tuesday. “It’s not healthy to have people who are buying stocks for fun,” the Oaktree Capital chief said. Marks also flagged similarities between the current speculative frenzy and the dot-com bubble. “It reminds me of […]
‘It’s not healthy to have people buying stocks for fun’: Billionaire investor Howard Marks warns the day-trading boom reminds him of the dot-com bubble
Tech

‘Oh my God, this is a sexual harassment claim waiting to happen’: Early Google insiders describe Sergey Brin as a company ‘playboy’ who ‘got around’ with female employees

A new book about Google’s early company culture called “Valley of Genius: The Uncensored History of Silicon Valley” includes claims that the Google cofounder Sergey Brin used to be a “playboy” among female employees, according to an excerpt published by Vanity Fair. In the excerpt, one early Google employee said […]
‘Oh my God, this is a sexual harassment claim waiting to happen’: Early Google insiders describe Sergey Brin as a company ‘playboy’ who ‘got around’ with female employees
Markets

Stocks are trading in a way not seen since the peak of the tech bubble

Stocks are trading more independently of macro factors than at any point since 2001, according to Morgan Stanley. These types of market conditions are ideal for stock pickers, who make their living analysing company fundamentals and betting on single stocks. Stocks are partying like it’s 2001. They’re trading independently of […]
Stocks are trading in a way not seen since the peak of the tech bubble
US

Here’s what makes tech stocks today different from the tech bubble

Fidelity Investment sector strategist Denise Chisholm recently published her quarterly sector update. Sara Silverstein shares an interesting takeaway from Chisholm’s research that points to the differences in tech companies today versus the days of the tech bubble. Get the latest Google stock price here.
Here’s what makes tech stocks today different from the tech bubble