Investors this week cheered Elon Musk’s planned return to Tesla as he steps back from the White House, but one investor isn’t convinced it will result in a comeback.
Shares of the car maker surged 20% through Friday afternoon since reporting quarterly results on Tuesday, but longtime investor Ross Gerber told Business Insider that Tesla’s first-quarter earnings don’t give him any reason to hope.
On Friday, Cathie Wood-led Ark Invest made several significant trades. The most prominent among these involved the buying and selling of shares in Intellia Therapeutics Inc. NTLA, Meta Platforms Inc. META, Veracyte Inc. VCYT,
Caleb Hommel and Chuck Sotelo knew little to nothing about real estate before investing in their first property. They were only teenagers, after all.
“We had no experience,” Sotelo told Business Insider. “We didn’t have any credit, we didn’t have any money, and we didn’t really have any connections.”
The friends,
» Read more about: Ethereum Price Forecast: ETH ETFs post first weekly inflows since February »
The Dow Jones Industrial Average (DJIA) slipped on Friday after an otherwise strong week for the stock market. Weighing on shares today was China’s promise to support its economy during the trade war. Investors may see this as a sign that negotiations for a trade deal between between China and the U.S.
» Read more about: Dow Jones Index Today: DIA Slips After a Strong Rally This Week »
If you’re an investor who’s been hating the month of April, you’re no doubt in good company. The stock market has experienced its share of wild swings over the past few weeks, and it’s hard to know when things will settle down.
Chances are, if you were to compare your portfolio now to what it looked like at the start of the year,
» Read more about: Stock Market Volatility: What to Do With Your Retirement Investments Right Now »
I’ve been reviewing long-term returns and noticed that gold has delivered a CAGR of around 14% in India over the past 10 and 20 years, outperforming most large-cap equity mutual funds. Interestingly, this comes with much lower volatility than what we usually see in equity markets.
Globally, gold’s CAGR has been closer to 9-10%,
Even as other billionaires watch their fortunes shrink in the recent market turbulence—with Elon Musk alone losing over $139 billion in 2025 (as of April 21), Warren Buffett’s net worth has grown by $16.4 billion—making him alone among the world’s top 10 wealthiest individuals to increase their fortune in 2025.
His success thus far in 2025 is not because Berkshire Hathaway Inc.
» Read more about: Warren Buffett’s 2025 Portfolio: What Stocks He’s Betting Big On Right Now »
Along with the rest of the market, Novo Nordisk (NYSE:NVO) has been sinking this year – with losses approaching 30% year-to-date. The skid for the Danish biopharma company started awhile back, and the company’s share price has lost over half its value since reaching a peak last summer.
The appetite for the company’s injectable GLP-1 obesity drug,
Warren Buffett regularly provides investing wisdom through his annual letters to Berkshire Hathaway shareholders, his TV interviews, and through the occasional newspaper editorial. And as you might expect from someone who has an outstanding track record of beating the market during stock market downturns, many of Buffett’s quotes are excellent advice to use during corrections like the one we’re in now.
» Read more about: These 5 Warren Buffett Quotes Belong in Your Stock Market Correction Playbook »