
Jennifer Sor
Markets and Economy Reporter at Business Insider
Markets & economy reporter @BusinessInsider / Reach me at [email protected] or +1 (323)-762-5406 on Signal.
Articles
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1 day ago |
businessinsider.com | Max Adams |Jennifer Sor |Henry Blodget
Elon Musk's squabble with the US President has investors racing to place bets on potential outcomes. Online betting forums like Polymarket and Kalshi saw a flurry of wagers on Thursday and Friday revolving around the billionaire and President Donald Trump, who have been publicly sparring on social media over the Republican tax and spending bill.
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1 day ago |
businessinsider.com | Max Adams |Jennifer Sor |Henry Blodget
Jakub Porzycki/NurPhoto via Getty Images 2025-06-06T12:45:28Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Dogecoin has tumbled amid Elon Musk public dispute with Donald Trump.
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2 days ago |
businessinsider.com | Max Adams |Jennifer Sor |Henry Blodget
Tesla shares plummeted as much as 11% on Thursday amid a spat that has been unfolding between the president and the world's richest person over the budget bill moving through Congress. Shares of the carmaker are down 19% year-to-date. Paul Hickey, the co-founder of Bespoke Investment Group, told Business Insider he thinks the Trump-Musk feud over the tax bill was the clear catalyst for Tesla's decline on Thursday.
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2 days ago |
businessinsider.com | Max Adams |Jennifer Sor |Henry Blodget
Palantir stock is crushing the broader market and it's not even close. Shares of the AI-powered software company are up 74% year-to-date, trading around $132 on Thursday. That performance handily trounces the S&P 500's gain of about 1.6%, but it's also vastly better than other tech titans like Nvidia (+5.6% YTD), Microsoft (+11% YTD), and Apple (-19% YTD). Here's what's behind the stellar performance of the stock in 2025. 1.
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3 days ago |
businessinsider.com | Max Adams |Jennifer Sor |Henry Blodget
"Too Late Powell" is in the president's crosshairs again. That's the nickname Donald Trump has given to Federal Reserve Chairman Jerome Powell, whom he's said repeatedly this year has been late to adjust monetary policy and lower borrowing costs for Americans. Wednesday's private payrolls report is the latest data point Trump is using to support his critique of the central bank chief. ADP data showed private payrolls rose 37,000 in May, lower than the 110,000 jobs economists were expecting.
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RT @mourninglambs: https://t.co/opYmdiRLY7

RT @rtehrani: Great post @jennifer_sor. Of course lower rates is the goal. There was no better way to achieve this than what is happening.…

What kind of person buys meme coins? For @BusinessInsider I got inside the heads of 3 people who traded ultra-risky cryptos and asked them why they would do such a thing. "It's a gambling addiction," one source joked to me. https://t.co/JVmRCjk0f1