He backed Tesla and SpaceX before anyone else — here is the impossible bet he is making now
Veteran venture capitalist Tim Draper weighs in on the AI bubble and four huge opportunities he missed. Source:MarketWatch
Oil is facing a supply crunch — and the war in Iran isn’t the only problem
Constraints on Russia’s refining system have added to the existing crisis, strategists at J.P. Morgan said. Source:MarketWatch
Retail sales get boost from car buyers and Amazon Prime Day. Economy hasn’t lost its mojo.
Iran war and high inflation have limited impact Source:MarketWatch
Japan tried tightening the way Kevin Warsh suggested. Here’s how it worked out.
Japan tried what Kevin Warsh suggested — tightening through a balancesheet reduction rather than hiking interest rates. Source:MarketWatch
GE boosts profit outlook, but stock falls as booming order growth cools
GE Aerospace’s stock falls after earnings, again, with recently rapid orderbook growth slowing. Source:MarketWatch
‘Respect is important’: If my financial adviser said, ‘Hey,’ my wife and I would walk out. Where do you draw the line?
“I met with a financial representative who was not aware that AT&T was the shortened form of American Telephone and Telegraph.” Source:MarketWatch
Almost half of Americans say they can’t afford to save for retirement right now
If you expect Social Security will make up most of your retirement income, you’re far from alone Source:MarketWatch
The stock market has a ‘Magnificent Seven’ problem — but not the one bears are warning about
Wall Street is terrified of a trilliondollar AI bill — but the payoff is in sight. Source:MarketWatch
SpaceX’s Starship is set for takeoff — and its floundering stock could use the lift
The megarocket’s success is SpaceX’s “single most important watch item,” one analyst says. Source:MarketWatch
The Lehman Bros. moment of the AI bubble is coming, says this critic warning of fallout for tech stocks and the entire market
OpenAI is going down, and taking investors and an entire industry with it, argues artificialintelligence critic Ed Zitron. Source:MarketWatch
UnitedHealth’s stock rallies on improved outlook for the year
UnitedHealth’s leadership pointed to “product design changes, improved medical management and better aligned pricing.” Source:MarketWatch
Turbo-charged SK Hynix volatility shows no sign of abating as AI euphoria swings to fatigue
SK Hynix shares continued their rollercoaster ride Thursday with a 12% collapse following on from Wednesday’s near 9% jump. Source:MarketWatch