SoftBank Plans Arm Holdings IPO in 2023

One strange twist in the current obsession with artificial intelligence is the trauma afflicting one of AI’s biggest fans—SoftBank CEO Masayoshi Son. In 2017, Son launched the world’s largest-ever ven...

Charlie Munger would be more bullish on bitcoin if he had time to study it, Michael Saylor says

“‘Charlie and the other critics, the members of the Western elite … are continually prodded for an opinion on bitcoin, and they haven’t had the time to study it.’” — Michael Saylor, co-founder and CEO...

Inflation in U.S. could turn negative by midyear, says billionaire investor Barry Sternlicht. A risk is that the Fed will keep lifting interest rates anyway.

“‘Inflation will go negative in May or June, because the housing equivalent number is pointing positive. The risk is [that Fed chief Jerome Powell] keeps going.’” — Barry Sternlicht, CEO, Starwood Cap...

Jamie Dimon Predicts a Recession. M2 Money Supply Helps Make the Case.

JPMorgan Chase CEO Jamie Dimon raised concerns about the economy sliding into a recession yet again on Tuesday. While the U.S. economy continues to be the strongest globally, rising interest rates and...

‘Bitcoin will be the winner because bitcoin is a digital commodity and it’s the least controversial of everything’: MicroStrategy’s Michael Saylor

“‘Bitcoin will be the winner because bitcoin is a digital commodity and it’s the least controversial of everything.’” — Michael Saylor, MicroStrategy In an interview Thursday morning on CNBC, MicroStr...

Global economy will ‘crumble’ if Fed doesn’t stop hiking interest rates, billionaire investor Sternlicht says

““They are going to cause unbelievable calamities if they keep up their action, and not just here, all over the globe,” ” — Barry Sternlicht, CEO, Starwood Capital Group  Billionaire Barry Sternlicht,...

Tesla Needs Batteries. This Buffett-Backed EV Maker to Supply Them ‘Very Soon.’

Text size BYD launched its Blade battery in 2020. Qilai Shen/Bloomberg BYD shares rose on Wednesday after the Chinese electric vehicle maker said it was preparing to supply batteries to Tesla. “We are...

Weekend reads: If you agree that inflation has peaked, buy stocks in this sector

If everyone agreed about the direction of the economy, investing would be easy. But there are mixed signals about whether the rate of inflation has peaked, at least in the U.S. If you are among those ...

The office ‘is over,’ Airbnb CEO Brian Chesky says, and flexibility is the future

““I think that the office as we know it, is over.”” That’s Airbnb Chief Executive Brian Chesky, in an interview with Time magazine’s The Leadership Brief published Sunday. “It’s kind of like an anachr...

Gates on Musk’s Tesla: ‘There’s a difference between electric cars being adopted and companies becoming infinitely valuable’

“‘The popularity of electric cars will lead to more competition for selling those cars. So there’s a difference between electric cars being adopted, and companies becoming infinitely valuable.’” That’...

Weekend reads: How to position your investments before the Federal Reserve causes a bear market

Do you remember all the times Federal Reserve Chairman Jerome Powell was quoted as saying inflation in the U.S. was “transitory”? With the Fed now ready to fight inflation, the bond market has quickly...

‘I think we’re going to see some spectacular returns,’ says ARK’s Cathie Wood

“Given our expectations for growth in these new technologies, I think we’re going to see some spectacular returns.” That was the chief executive officer of ARK Invest, Cathie Wood, who gave an optimis...