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Jason Ma

Jason Ma

Fortune

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One of the last affordable options in the housing crisis has seen prices soar faster than new homes, study says

The average sales price of new mobile homes, or manufactured homes, jumped 58.3% between 2018 and 2023, according to a new study. 

yesterday 2

Fortune

Jason Ma

This is America’s ‘fatal flaw’ as the US bubble gets ready to pop, market expert warns

"When flying in such thin air, it doesn’t take much to stall the engines. All the classic signs of extreme prices, valuations and sentiment suggest...

yesterday 6

Fortune

Jason Ma

CEOs have never headed for the exits as much as they are this year—here’s why so many are leaving

"The current landscape has a lot of uncertainty baked in, and companies are responding by putting temporary leaders in place."

previous day 3

Fortune

Jason Ma

Billionaire Steve Ballmer has more than 80% of his portfolio in Microsoft stock and advises everyday investors to ‘keep it simple’

"Microsoft’s outperformed just about every other asset I could have owned. It’s a little hard to say that it hasn’t worked out."

previous day 3

Fortune

Jason Ma

Russia’s war machine is running on fumes as industry warns of bankruptcies and the Kremlin gets old tanks from movie studio

Russia's largest movie studio donated about 50 tanks and armored vehicles from the 1950s that it had been using a props.

previous day 40

Fortune

Jason Ma

There’s now a 40% chance the Fed will pivot back to hiking rates again next year, top economist says

"For investors, it is starting to look similar to 2022—too high inflation, rising interest rates, and falling stock prices."

saturday 6

Fortune

Jason Ma

The spending bill that averted a shutdown shrank from more than 1,500 pages to just 100—here’s what was cut

The spending bill that cleared Congress didn't include pharmacy benefit manager reforms, a pay raise for lawmakers, and a crackdown on "junk fees."

saturday 10

Fortune

Jason Ma

Craig Wright, who falsely claimed to be Bitcoin inventor Satoshi Nakamoto, gets suspended prison sentence for contempt of court

The U.K. High Court ruled Wright violated a court order that required him to stop saying he was Nakamoto and taking legal action based on that claim.

20.12.2024 1

Fortune

Jason Ma

Billionaire fashion mogul Isak Andic dies as his Mango chain is expanding rapidly in the US

Mango has about 2,700 stores in 120 countries and generated more than $3 billion in sales last year, while competing with fast-fashion giant Zara.

17.12.2024 20

Fortune

Jason Ma

Putin is desperately trying to reverse Russia’s population crisis and sees Ukraine as a solution, experts say

"Putin understands that, in the world of tomorrow, Russia will be a territorial giant and population dwarf."

16.12.2024 2

Fortune

Jason Ma

A forever bond issued 400 years ago still pays interest. Here’s how much the holder just got 

On Dec. 10, 1624, a Dutch water authority sold a bond for 1,200 Carolus guilders to a woman in Amsterdam, promising to pay 2.5% interest in...

15.12.2024 2

Fortune

Jason Ma

This practice in the health insurance industry may have ‘gotten out of control,’ Wall Street analyst says

"And also, you do have a more populist party, and the industry is not as popular as it used to be."

15.12.2024 10

Fortune

Jason Ma

U.S. oil giant’s CEO is a fan of this nuclear energy technology and thinks there could be a role ‘for a company like ours’

"And so I'm a fan of the technology. I want to see it be successful. I think the world needs it, and there could be a role for a company like ours."

15.12.2024 4

Fortune

Jason Ma

US debt reckoning escalates sharply as top bond buyer pulls back from long-term Treasuries

"But at some point, if you borrow too much, lenders may question your ability to pay it all back. It doesn’t take a vigilante to point that out."

14.12.2024 10

Fortune

Jason Ma

OpenAI whistleblower found dead in San Francisco apartment after taking his own life

"We are devastated to learn of this incredibly sad news and our hearts go out to Suchir’s loved ones during this difficult time," OpenAI said in a...

14.12.2024 7

Fortune

Jason Ma

In the age of Slack and Zoom, Jensen Huang still swears by email to keep tabs on every corner of Nvidia

"I’m looking to detect the weak signals. It’s easy to pick up the strong signals, but I want to intercept them when they are weak."

13.12.2024 3

Fortune

Jason Ma

The man held in connection with the UnitedHealthcare CEO’s killing gave the Unabomber’s manifesto a 4-star review

"While these actions tend to be characterized as those of a crazy luddite, however, they are more accurately seen as those of an extreme political...

10.12.2024 10

Fortune

Jason Ma

Fear of Trump tariffs is causing Americans to buy now before prices rise—and they’re stockpiling toilet paper, medicine, and food

Toilet paper is at the top of the shopping list with 77% saying they are stocking up on it, according to a recent survey from CreditCards.com.

09.12.2024 10

Fortune

Jason Ma

‘The mother of all bubbles’ in the US is sucking money away from the rest of the world, market expert says

"Awe of 'American exceptionalism' in markets has now gone too far," said Ruchir Sharma, chair of Rockefeller International.

09.12.2024 100

Fortune

Jason Ma

Monopoly money was found in a backpack believed to be worn by the UnitedHealthcare CEO’s killer in what could be another cryptic message

The backpack, which was found in Central Park, contained a Tommy Hilfiger jacket and Monopoly money. But it didn't contain a gun.

08.12.2024 5

Fortune

Jason Ma

Trump avoids guaranteeing that his tariffs won’t result in Americans paying more

"I can’t guarantee anything," Trump said. "I can't guarantee tomorrow."

08.12.2024 10

Fortune

Jason Ma

OPEC’s market power is ‘less than you would imagine’ and the US doesn’t need to get fussed over the cartel, State Dept. official says

U.S. oil production is expected to climb to 13.5 million barrels a day in 2025 from 13.2 million in 2024.

08.12.2024 40

Fortune

Jason Ma

SpaceX and Palantir now have bigger valuations than top aerospace-defense stocks as the military eyes transformation

SpaceX's valuation could climb to $350 billion from $210 billion, and Palantir has a market cap of $174 billion.

07.12.2024 10

Fortune

Jason Ma

The gun that killed UnitedHealthcare’s CEO may have been a ‘very unique weapon’

Police are looking into the possibility that the shooter used a veterinary pistol, NYPD Chief of Detectives Joseph Kenny told reporters on Friday.

07.12.2024 10

Fortune

Jason Ma

Forget Bitcoin, MicroStrategy is up 500% this year, and Michael Saylor explains how the stock has outperformed its underlying assets

"MicroStrategy found a way to outperform Bitcoin," Saylor told the WSJ. "The way that we outperform Bitcoin, in essence, is we just lever up...

02.12.2024 9

Fortune

Jason Ma

Fidelity boosts valuations of its stakes in Elon Musk’s X and xAI startup, report says

October saw a 32.37% jump in X's valuation, marking the biggest monthly increase since Fidelity helped Musk buy Twitter for $44 billion in 2022,...

01.12.2024 9

Fortune

Jason Ma

If you invested $1,000 in Nvidia stock 20 years ago, you’d almost be a millionaire today

Nvidia is also the best performer on a total-return basis over the last two decades among all stocks on the S&P 1500, according to Bespoke.

01.12.2024 7

Fortune

Jason Ma

Jensen Huang shares the pick-up line he used in college when he first met his wife

"I had no idea what I was talking about. And then we got married. That’s all the advice I’m going to give all the entrepreneurs."

01.12.2024 8

Fortune

Jason Ma

Russia’s ruble is still worth less than a penny, and the Kremlin’s piggy bank for propping it up is running low

Russia's sovereign wealth fund has been tapped repeatedly to prop up the ruble, leaving the Kremlin with less firepower to battle another currency...

30.11.2024 8

Fortune

Jason Ma

Jamie Dimon hasn’t had recent talks with Donald Trump, source says, denying report of back-channel communications

A New York Post report that said Trump and Dimon have been in communication for months via secret back channels is not accurate, according to the...

30.11.2024 7

Fortune

Jason Ma

Elon Musk fires more shots at manned fighter jets and the Pentagon’s costliest weapons program

"Meanwhile, some idiots are still building manned fighter jets like the F-35," Musk posted on X.

25.11.2024 5

Fortune

Jason Ma

Elon Musk fires more shots at manned fighter jets and the Pentagon’s costliest weapons program

"Meanwhile, some idiots are still building manned fighter jets like the F-35," Musk posted on X.

25.11.2024 4

Fortune

Jason Ma

Russia’s war economy is on its last legs, but peace may be even worse for Vladimir Putin, experts say

"Russia cannot continue waging the current war beyond late 2025, when it will begin running out of key weapons systems."

25.11.2024 10

Fortune

Jason Ma

It’s college application season, but don’t worry: most schools accept most students—and rates are up

"Colleges are competing for a smaller pool of potential students, and as a result, those who do apply enjoy higher odds of admission."

24.11.2024 9

Fortune

Jason Ma

Elon Musk takes at aim manned fighter jets and the Pentagon’s costliest weapons program

"Meanwhile, some idiots are still building manned fighter jets like the F-35," Musk posted on X.

24.11.2024 9

Fortune

Jason Ma

Gen Zers’ definition of financial success includes joining the top 1% — and they’re really confident about making it

Gen Zers on average believe an annual salary of $587,797 and net worth of $9.47 million are needed when they envision "financial success."

24.11.2024 4

Fortune

Jason Ma

‘First buddy’ Elon Musk is a source of insight into Trump for TikTok’s CEO as key deadline looms, report says

Musk was asked for his opinions on an array of issues, including the incoming Trump administration and potential tech policy, the Wall Street Journal...

23.11.2024 10

Fortune

Jason Ma

Treasury pick Scott Bessent scored billion-dollar wins with these bets on Wall Street

While little has been reported about his wealth, a look at Bessent's winning bets while working in finance offer some insight into how me made his...

23.11.2024 8

Fortune

Jason Ma

The corporate exodus from China is gaining momentum, study says

The share of companies that are moving operations out of China jumped to 69% in 2024 from 55% in 2022, a Bain survey said.

19.11.2024 6

Fortune

Jason Ma

Tesla jumps as Elon Musk’s ‘bet for the ages’ on Trump is seen paying off with federal self-driving rules

Tesla stock jumped after a report said Trump's transition team is prioritizing the creation of federal framework for fully autonomous cars.

18.11.2024 10

Fortune

Jason Ma

More people are dropping out of the creator economy as those at the top get a bigger share of brand deals

The share of Bank of America customers earning income as content creators has declined for three years in a row.

18.11.2024 10

Fortune

Jason Ma

Wall Street may now have to take Trump literally as the battle for Treasury secretary focuses on a centerpiece campaign pledge

Trump's advisers are seeking assurances from the top Treasury candidates that they are committed to his aggressive tariffs, sources told the FT.

17.11.2024 9

Fortune

Jason Ma

RFK Jr. is pictured with a McDonald’s burger as Trump Jr. says ‘Make America Healthy Again starts TOMORROW’

Robert F. Kennedy Jr., who has been nominated to lead the Health and Human Services department, may have to get used to fast food if he serves in the...

17.11.2024 10

Fortune

Jason Ma

In wartime Russia, some men may be worth more dead than alive, economist says

"Going to the front and being killed a year later is economically more profitable than a man’s further life."

17.11.2024 10

Fortune

Jason Ma

How high will Bitcoin go? Here’s what prediction markets say

For a contract on what price Bitcoin will hit in November, the odds are 72% that it will reach $95,000. The price with the next highest odds is...

16.11.2024 10

Fortune

Jason Ma

In the Mike Tyson vs. Jake Paul fight, their paydays may have been vastly different

Nakisa Bidarian, cofounder of fight promoter Most Valuable Promotions, told CNBC that Tyson and Paul would each be making eight figures.

16.11.2024 10

Fortune

Jason Ma

Jerome Powell was prepared to fight for his job in court when Trump mulled firing the Fed chief in 2018, report says

Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his removal, according to...

11.11.2024 5

Fortune

Jason Ma

The housing market’s affordability crisis gave Trump a big boost at the polls

An NBC News analysis of housing and voting data show that the counties where it's most difficult to buy a home saw the biggest shifts toward Trump.

11.11.2024 10

Fortune

Jason Ma

Bernie Sanders doubles down on scathing rebuke of Democrats abandoning working class after Nancy Pelosi says he ‘has not won’

"The Democrats need an explanation, and that explanation is corporate greed and the power of the billionaire class," Sanders said.

10.11.2024 5

Fortune

Jason Ma

Elon Musk backs call to ‘#EndTheFed’ after Jerome Powell says he won’t resign early

On Thursday, Powell was asked if he would resign if President-elect Donald Trump demanded it, and Powell simply replied “no.”

10.11.2024 8

Fortune

Jason Ma

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