Max Adams

21 hours ago | businessinsider.com | Max Adams |Christine Ji |Henry Blodget

Former JPMorgan chief market strategist Marko Kolanovic sees a stock market pullback in the cards, and the Trump-Musk feud could be one of the triggers that sets off a decline. Speaking on CNBC on Thursday, Kolanovic predicted a coming correction of 5%-10% that could be set off by a drop in Tesla's stock price. "It's a little bit of a sideshow. It's important for certain companies, and it can spill over," Kolanovic said of the president's fallout with Musk.

22 hours 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.

23 hours ago | businessinsider.com | Max Adams |Christine Ji |Henry Blodget

Ross Gerber said he is dumping more Tesla stock after Elon Musk's public falling out with President Donald Trump. The Gerber Kawasaki Wealth and Investment Management CEO told Bloomberg on Thursday that the Trump-Musk feud is a "disaster" for Tesla's CEO. Gerber ripped into Musk's erratic leadership style and the Tesla board's inaction. Tesla stock plunged as much as 18% on Thursday before clawing back some losses to end the day 14% lower. It was the worst day for the stock since March.

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.

1 day ago | businessinsider.com | Max Adams |Christine Ji |Henry Blodget

The bitcoin boom is drawing the attention of more companies, who are following Strategy's lead and piling up the token in their corporate treasuries. A growing list of firms have turned themselves into bitcoin holding companies recently, incorporating the top crypto in their balance sheets along with more traditional assets like cash and bonds.