Markets

Tesla’s extends 2-day plunge to 17% as epic rally takes a breather

Tesla tumbled as much as 9% in early Tuesday trading, extending losses following a similarly sized plunge the session prior. The sell-off has dragged shares to their lowest since December and led CEO Elon Musk to relinquish his title as the world’s richest person. Tesla’s latest slump follows confusion over […]
Tesla’s extends 2-day plunge to 17% as epic rally takes a breather
Markets

Bill Gates says he’s not bullish on bitcoin as it uses ‘a lot of energy’ — and warns people who aren’t as rich as Elon Musk against buying into the boom

Microsoft cofounder Bill Gates told Bloomberg he isn’t bullish on bitcoin, and warned against jumping into the trade. People who don’t have as much money to spare as Tesla CEO Elon Musk should watch out, he said. The climate activist thinks that anonymity behind bitcoin transactions is not a good […]
Bill Gates says he’s not bullish on bitcoin as it uses ‘a lot of energy’ — and warns people who aren’t as rich as Elon Musk against buying into the boom
Markets

10 things you need to know before the opening bell

Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning. Sign up for Insider Investing for your weekly markets analysis. Here’s what you need to know before markets open. 1. US tech rout set to continue, after rising bond yields […]
10 things you need to know before the opening bell
Markets

Cooper Tire spikes 27% after Goodyear agrees to buy it for $2.8 billion

Shares of Cooper Tire surged 27% on Monday on news that Goodyear Tire will acquire the company for $US2.8 billion. Goodyear shares traded 16% higher on the announcement. Cooper shareholders will receive $US41.75 per share in cash and 0.907 shares of Goodyear common stock per Cooper share, Sign up here […]
Cooper Tire spikes 27% after Goodyear agrees to buy it for $2.8 billion
Markets

US stocks fall as investors mull how stimulus will impact inflation

US stocks fell Monday morning as investors weighed how the next stimulus will impact inflation. Commodity prices are soaring and the 10-year US treasury note is at its highest point in a year. Bitcoin fell 10% after skyrocketing to new records over the weekend. Sign up here for our daily […]
US stocks fall as investors mull how stimulus will impact inflation
Markets

‘Big Short’ investor Michael Burry warns the stock market is ‘dancing on a knife’s edge’ — and fears he’s being ignored again

Michael Burry sounded the alarm on the stock market this weekend. “The Big Short” investor said extreme speculation and debt could cause a crash. Burry’s warnings are being ignored as they were during the housing bubble, he said. Visit Business Insider’s homepage for more stories. Rampant speculation and widespread betting […]
‘Big Short’ investor Michael Burry warns the stock market is ‘dancing on a knife’s edge’ — and fears he’s being ignored again