The Wall Street General

Billionaire investor Ron Baron of Baron Capital remains bullish on Tesla, despite the stock falling more than 50% this year. In a recent interview, Baron told CNBC that he expects Tesla to deliver outsized gains, eventually leading them toward a $4.5 Trillion valuation. Tesla's stock will have to reach a price of $1350 to reach that kind of level. Or rise by more than 570-600% Baron has been a bull on Tesla ever since his fund started buying Tesla shares back in 2014 and his personal holdings and his company' add up to a massive $4 Billion holding in Tesla. In addition to that, Baron mentioned that he thinks Tesla stock will be around $500- $600, and in eight to ten years, "it ought to be somewhere around $4.5 Trillion". The math behind Baron's bullish valuation target is solely predicted by Tesla's ability to scale its business over the next decade. Selling about 20 million cars per year. Tesla is on track to sell just over 1 million vehicles in 2022. "I

 The Oracle of Omaha, Warren Buffett is probably one of the best investors of all time if not the best. He has been the legend or the figure most long-term investors look up to.  Buffett's Berkshire Hathaway posted its Q3 earnings a few days back, and unsurprisingly the company also posted a net loss on their investments. Even though the company posted $7 Billion in operating earnings from their other businesses like insurance, railroads, and utilities, the company reported a $10.1 Billion loss on their investments during Q3 because of the recent market turmoil which has brought the total losses to $63.9 Billion for 2022 till now.  The legendary investor once again told investors again that the amount of investment losses in any given quarter is "usually meaningless." But on a broader view, shares of Berkshire Hathaway have been outperforming the markets this year with the stock just being down by 3% this year, compared to the S&P's   21% downfall. And even afte

A lot of rappers and musicians are known to lose all of the wealth and money that they have ever made in their careers. But Edward Avedisian isn't one of them. Edward is a retired musician from the Boston Pops and he didn't inherit a hoard of cash and he didn't work for a company that gave him some stock options as well. According to an interview conducted by MarketWatch , he was a self-taught investor who read investing-related books and would also read about stocks and markets on CNBC, and Wall Street Journal every day, as much as he could.  Avedisian didn't exactly share his current holdings or investments, but Zacks' stock strategist, Tracy Ryneic believes that he holds some of Berkshire Hathaway, Microsoft, Amazon, and Monster Beverage. The 85-year-old who has given most of his fortune away, despite this year's market volatility, said he is bullish on the markets more than ever and envied those who are just beginning to invest. He also said, "It's

If you have been wondering why stocks like Amazon, Meta, Google, Microsoft, etc have been bleeding money out of your pocket, well it is because of their not-so-good earnings. These companies together lost a market cap of $350 Billion combined. Google and Microsoft led the downfall when Google reported $57 Billion in revenue which was slightly lower than expected and their year-over-year growth rate fell to 6% which has been the slowest since June 2020. YouTube's revenue fell for the first time. Google's stock fell by more than 9% on the day it reported their earnings Microsoft then contributed to the downfall when on the same day, the company had reported good numbers but then it was the company's next-quarter guidance that led to the sell-off. Microsoft is reportedly facing margin issues with their services which further decrease investor confidence. The stock fell by 7% on the same day when Google reported its earnings which led to a market downfall that day.  Amazon and

Recently, Elon Musk completed his acquisition of Twitter paying a full $54.20 per share which values the deal around $44 Billion. After a haul of 6 months, the deal finally came to a conclusion where both Twitter and Musk agreed to close their deal as a success today.  Musk immediately fired the former CEO of Twitter- Parag Agarwal, the CFO, and other senior members from Twitter, moments after the acquisition. He even fired the person who was responsible for banning Former United States President, Donald Trump's account. Elon paid a visit to Twitter’s office just before finishing the deal in San Francisco where he met a few employees and was seen having a good time there.  The trading of Twitter's shares was suspended for two straight days because of this acquisition and people holding Twitter's stock will be paid a premium of $54.20 per share. The stock last closed at $53.70. Elon Musk says that his main purpose to buy Twitter is to help humanity by building an app called

The newly appointed Prime Minister of the UK, Rishi Sunak, and his wife have a combined net worth of $820 Million. This makes them the 222nd richest couple in Britain and this means that they are wealthier than King Charles who is roughly worth $600 Million after inheriting $500 Million from his mother, Queen Elizabeth after her death on September 8. The major chunk of the couple's net worth comes from Sunak's wife, Akshat Murty's $460 Million stake in Infosys. India's second-largest IT & software company. The Citizens of the United Kingdom doubt whether Sunak will be able to deliver his promises to the people because he does not understand what it is like to live under the bare minimum, which is the current situation for a lot of households in the UK as of now because of high inflation and poor control by the government on recent economic turndowns.