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Theron Mohamed   


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A top fund manager backed Tesla early after a surprise pitch from Elon Musk - and bet on Google after meeting with Ask Jeeves

Will Danoff, who manages Fidelity's $132 billion Contrafund, met with Tesla in 2010 as "an aftertho…

Theron Mohamed   


Emily Graffeo   


Christopher Competiello   


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4 mins read

How to play vaccine-driven market madness, plus 4 investing pillars from the world's top stock-picker

The definitive collection of the best investing stories Business Insider published during the week …

Joe Ciolli   


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US consumer sentiment falls for the first time in 4 months as spiking COVID-19 cases spur worry

An index of consumer expectations plunged to 71.3 from 79.2 as soaring COVID-19 cases and the US pr…

Ben Winck   


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China's Xi Jinping personally halted Ant's record-breaking $37 billion IPO after boss Jack Ma snubbed government leaders, report says

A week before Ant was set to go public, Ma made incendiary comments that didn't go down well with t…

Shalini Nagarajan   


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3 mins read

Advice from a record-setting fund manager, real-estate investing tips, and how to buy shares of classic artwork

BI also collected comments from William Danoff, the portfolio manager of Fidelity's Contrafund, whi…

Joe Ciolli   


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Sell stocks into strength on any COVID-19 vaccine news as 2021 turns into a bear market, BofA says

The good news for investors is that opportunities will persist despite a potentially weak stock mar…

Matthew Fox   


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SEC charges Wells Fargo's former CEO and top executive for misleading investors over success of its core business

Stumpf signed and certified documents with the SEC in 2015 and 2016 when he should have known they …

Shalini Nagarajan   


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Dow climbs 350 points on strong earnings and stimulus hopes

Stocks climbed on Friday as investors reacted to strong earnings reports and pinned hopes on furthe…

Matthew Fox   


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Travel stocks rally after Moderna's vaccine progress lifts hopes for near-term reopening

United Airlines gained as much as 8%, while American Airlines and Delta jumped roughly 6%. Cruise s…

Ben Winck   


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Moderna soars 10% after results show its COVID-19 vaccine is almost 95% effective

The US drugmaker said it was informed by the Data Safety Monitoring Board that its vaccine had met …

Shalini Nagarajan   


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US stock futures rally after drugmaker Moderna touts COVID-vaccine that proved 94.5% effective in trials

US stock futures and oil rally sharply after drugmaker Moderna said its trial COVID-19 vaccine prov…

Amanda Cooper   


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Nio tumbles 14% after renowned short-seller Citron Research makes a bearish call citing increased Tesla competition

Whether the electric-car maker can hold on to its gains set in 2020 is likely to hinge on execution…

Matthew Fox   


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3 mins read

Two reasons why the S&P 500 will see its fastest-ever earnings recovery, DataTrek says

"The only time you can pencil in 14 points of leverage, as the Street is doing now for 2021, is ver…

Matthew Fox   


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US stocks post 2nd straight weekly gain as vaccine optimism offsets virus spike

Stocks finished the week high as investor optimism towards a successful COVID-19 vaccine outweighed…

Matthew Fox   


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Legendary investor Jeremy Grantham says he's certain the stock market is in a bubble after its 'truly crazy' rally this year

"The market can go up on bad news and go up on good news," Grantham told CNBC, adding, "There are a…

Emily Graffeo   


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1 min read

Facebook shares power to a record high

Over the last year, Facebook shares have outperformed the S&P 500, rising more than 26% and bec…

Myles Udland   


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4 mins read

JPMorgan’s quant chief shares 5 trade recommendations following Pfizer’s vaccine ‘game-changer’

Monday saw the biggest single-day rotation into value stocks since 2008, but there's still room for…

Ben Winck