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☆ Billionaire investor Ron Baron: Growth will accelerate above 7% over the next 50 years
▼ + stars: | 2023-06-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBillionaire investor Ron Baron: Growth will accelerate above 7% over the next 50 yearsBaron Capital CEO Ron Baron joins CNBC's 'Squawk Box' to discuss what's happening in the U.S. economy, market outlook, investing in Tesla, and more.

Persons: Ron Baron, CNBC's Organizations: Baron, Tesla Locations: U.S

☆ Tesla bull Ron Baron sees stock gaining 89% in 2 years. Here's how to play it
▼ + stars: | 2023-06-23 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the best reactions from an investor and an analyst on Tesla . Dan Ives of Wedbush Securities and investor Ron Baron discussed the electric-vehicle maker after recent downgrades from Barclays and Morgan Stanley . The chairman and CEO of Baron Capital said on CNBC's " Squawk Box" Friday that he sees huge upside for Tesla, predicting the stock will hit $500 in 2025 , a potential gain of 89%. Baron also forecast shares will reach $1,500 in 2030 . Ives added that he sees big potential in the EV giant and artificial intelligence space.

Persons: Dan Ives, Ron Baron, Morgan Stanley, Baron Capital, Baron, Ives Organizations: Tesla, Wedbush Securities, Barclays, Baron

☆ Investor Ron Baron says the Dow will reach 900,000 over the next 50 years because of faster growth
▼ + stars: | 2023-06-23 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

The Dow Jones Industrial Average could rise as high as 900,000 over the next 50 years, according to longtime investor Ron Baron. "That means that you have 35 times your money over the next 50 years, which means that the Dow Jones, which is now 34,000, will be 900,000." Yet since 1970, the Dow Jones Industrial Average has returned 10% annually, climbing the wall of worry from around the 800 level then to nearly 34,000 today. .DJI ALL mountain Dow Jones Industrial average long term The blue chip stock index closed at 33,946.71 on Thursday. Baron also highlighted that on top of the stock market performance, U.S. GDP has risen 33 times in the same period.

Persons: Ron Baron, Baron, CNBC's, Dow Jones, there's Organizations: Dow Jones, Baron Capital, SpaceX, Dow

While Charles Schwab shares are up about 20% from their March low, boutique equity research firm Redburn isn't so sure the recovery is warranted. Analyst Charles Bendit downgraded Charles Schwab to sell from neutral on Thursday. Schwab shares are off some 38% from this year's high reached in early January. SCHW YTD mountain Charles Schwab stock To be sure, several prominent investors, including Oakmark Funds' Bill Nygren, are among many who have opted to buy the dip in Schwab. "Potential re-regulation of midsize banks in the wake of the regional banking crisis might impact Schwab," Bendit said.

☆ A look back on Elon Musk's middle-school humor: from jokes about 420 and 69 to 'Titter'
▼ + stars: | 2023-04-20 | by ( Grace Kay | ) www.businessinsider.com time to read: +1 min

Musk later apologized for the tweet. At the time of the incident, billionaire investor Ron Baron told Musk to stop tweeting. A year later, Musk had to pay $20 million for a settlement with the Securities and Exchange Commission after he tweeted that he had "funding secured" to take Tesla private. While Musk's plans to take Tesla private weren't a joke, it's an example of how the billionaire's presence on Twitter has impacted his companies. Sources: Insider, Insider, Insider

"We have not raised capital and we are not in the market at this point for M&A transactions," Walt Bettinger, CEO of Charles Schwab, told Reuters in an interview. The firm saw an influx of $4 billion in assets to the parent company on Friday as clients moved assets to Schwab from other firms, Bettinger said. Schwab's shares closed up 9.2% at $56.68 on Tuesday, along with a broad rise in bank shares. Schwab shares, however, are down 25.6% from their close last Wednesday, the day before many bank shares began a downward spiral in reaction to problems at Silicon Valley Bank (SIVB.O). The bank has "access to significant liquidity" including an estimated $100 billion of cash flow from cash on hand, portfolio-related cash flows, plus new assets.

☆ Charles Schwab shares bought by CEO, Baron Capital - CNBC
▼ + stars: | 2023-03-14 | by ( ) www.reuters.com time to read: +2 min

March 14 (Reuters) - Charles Schwab (SCHW.N) chief executive officer Walt Bettinger said he bought 50,000 shares of the company while billionaire investor Ron Baron said he "modestly increased" his position in the stock, CNBC reported on Tuesday, as investors aim to buy a dip in shares amid a meltdown in financial stocks. Shares of the broker jumped 12% to $58.1 in afternoon trading, recouping losses a day after falling 12% to their lowest since November 2020. A few investors are turning bargain-hunters to cash in on stocks trading at very attractive prices. Baron, the 79-year-old founder of Baron Capital, did not disclose how much stock of Charles Schwab he purchased, according to the report. Baron Capital declined to comment while Charles Schwab did not immediately respond to a Reuters request for comment.

☆ Citadel discloses 5% stake in Western Alliance amid sell-off
▼ + stars: | 2023-03-14 | by ( ) www.reuters.com time to read: +1 min

March 14 (Reuters) - Hedge fund Citadel on Tuesday said it bought a 5.3% stake in Western Alliance Bancorporation (WAL.N), sending a strong signal of confidence as the company was swept up in growing fears of a broader financial crisis after two other banks were seized. Western Alliance's share price, which had tumbled on Monday, shot higher on Tuesday, rising as much as 43% shortly after the opening of trading. Last year's returns made Citadel the most successful hedge fund ever. Western Alliance was one of a number of banks caught in a crippling sell-off since last week when regulators shut down startup-focused bank SVB Financial Group (SIVB.O) that triggered worries of a contagion and rippled across financial markets. Reporting by Svea Herbst-Bayliss in Boston, Mehnaz Yasmin in Bengaluru; editing by Uttaresh VenkateshwaranOur Standards: The Thomson Reuters Trust Principles.

☆ Ron Baron bought Charles Schwab shares during Monday's double-digit sell-off
▼ + stars: | 2023-03-14 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Longtime investor Ron Baron said he bought the dip in Charles Schwab during Monday's double-digit sell-off, CNBC's Becky Quick reported. The 79-year-old investor said he "modestly increased" his position in the financial name, seeing Monday's pullback as a buying opportunity. Schwab shares fell 11.6% on Monday as investors dumped the financial institution amid fears of a banking crisis in the aftermath of the collapses of tech-focused Silicon Valley Bank and crypto-related Signature Bank. The Westlake, Texas-based financial company defended its financial position, saying it has plenty of access to liquidity and a low loan-to-deposit ratio. Schwab was taking hits along with other financial firms with massive bond holdings of longer maturities.

☆ Elemy is ditching autism care to sell healthcare software instead.
▼ + stars: | 2023-03-10 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +4 min

At the time of the email, Musk was battling a cave rescue diver who was suing him for defamation. Before grabbing some ice cream — I'll probably get cookies and cream — let's dive into today's tech. The tech world was thrown into chaos as Silicon Valley lost faith in its go-to bank, SVB Financial. If startups are worried the bank can't give them all their money back, then they might pull their accounts. Email dsiu@insider.com or tweet @diamondnagasiu) Edited by Matt Weinberger (tweet @gamoid) in San Francisco and Hallam Bullock (tweet @hallam_bullock) in London.

☆ The tech world is thrown into chaos as Silicon Valley loses faith in its go-to bank
▼ + stars: | 2023-03-10 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +4 min

At the time of the email, Musk was battling a cave rescue diver who was suing him for defamation. Before grabbing some ice cream — I'll probably get cookies and cream — let's dive into today's tech. The tech world was thrown into chaos as Silicon Valley lost faith in its go-to bank, SVB Financial. If startups are worried the bank can't give them all their money back, then they might pull their accounts. Investors are sinking millions into startups like MARZ and Runway to bring AI tech to film and TV.

☆ Read the email billionaire Ron Baron sent Elon Musk telling him to stop tweeting when angry: 'Get an ice cream cone. Just don't use Twitter'
▼ + stars: | 2023-03-10 | by ( Grace Kay | Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

Tesla investor Ron Baron once emailed Elon Musk and told him to stop tweeting when upset. Baron told CNBC that Musk has made him "$5 billion so far, on a $400 million investment." In his 2018 email, Baron told Musk to turn the other cheek. When an attorney for the plaintiffs showed him the email, Musk offered his own take on Baron's message to him. "He's not saying don't use Twitter, he's saying I shouldn't respond to criticism in the news on Twitter," Musk said on the stand at the time.

☆ These unprofitable stocks could surprise investors in a good way like Palantir
▼ + stars: | 2023-02-15 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

There's nothing like a formerly unprofitable company surprising investors with good news. In Palantir's case, the company's first ever positive quarter of net income on a GAAP basis helped the stock rally 21% Tuesday. The food company had a $7 million net income loss in the 2021 fiscal year. The healthcare-apparel retailer had a $9.6 million net income loss in its prior fiscal year but is expected to pull in $21.6 million in net income in its latest fiscal year. Lastly, Snowflake saw a huge net income loss of $679.9 million in 2021, but is expecting to post a $75.9 million net income gain in 2022.

☆ Billionaire investor Ron Baron explains why he is bullish on Tesla
▼ + stars: | 2023-02-07 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBillionaire investor Ron Baron explains why he is bullish on TeslaBaron Capital CEO Ron Baron joins CNBC's 'Squawk Box' to discuss his bullish take on Tesla, Elon Musk's involvement in Twitter, and more.

☆ Billionaire investor Ron Baron: Inflation is a very large part of our economic model
▼ + stars: | 2023-02-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBillionaire investor Ron Baron: Inflation is a very large part of our economic modelBaron Capital CEO Ron Baron joins CNBC's 'Squawk Box' to discuss what's happening in the U.S. economy and his take on inflation.

☆ Ron Baron, who runs one of the best-performing funds, says Tesla could hit $1,500 a share by 2030
▼ + stars: | 2023-02-07 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Longtime investor Ron Baron said he's standing by his growth darlings, unfazed by the volatility in the stock market, especially in the tech sector. "I'm not really worried about the stock market," Baron said on CNBC's " Squawk Box " Tuesday. Elon Musk's Tesla has a 30% portfolio weighting in Baron's fund, the biggest holding in the portfolio. Last year, he revealed that this biggest purchases of 2022 included $100 million worth of SpaceX private investments. "It used to cost you $100 million to get to space, $200 million more for a satellite.

☆ Ron Baron, who runs one of the best-performing funds, says Tesla could hit $15,000 a share by 2030
▼ + stars: | 2023-02-07 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Longtime investor Ron Baron said he's standing by his growth darlings, unfazed by the volatility in the stock market, especially in the tech sector. "I'm not really worried about the stock market," Baron said on CNBC's " Squawk Box " Tuesday. I'm thinking $15,000 a share by 2030," Baron said. Last year, he revealed that this biggest purchases of 2022 included $100 million worth of SpaceX private investments. "It used to cost you $100 million to get to space, $200 million more for a satellite.

☆ Billionaire Tesla bull Ron Baron promised multiples on $100 million Twitter investment
▼ + stars: | 2023-02-07 | by ( Rohan Goswami | ) www.cnbc.com time to read: +1 min

Billionaire Ron Baron was promised he would make "two to three times" his money when he invested $100 million in Tesla CEO Elon Musk's take-private deal for Twitter, Baron said Tuesday on CNBC's "Squawk Box." Baron has long been bullish on Tesla, telling CNBC's Becky Quick that Musk made Baron "$5 billion so far, on a $400 million investment." In 2021, the billionaire investor told CNBC that he held almost 6 million Tesla shares through his investment firm, Baron Capital. Baron's $100 million Twitter investment was predicated on his longtime faith in Musk as an executive and in his marketing expertise. "Everyone else spends $1,000 to market a car, he spends nothing, because everyone knows Twitter."

☆ Billionaire Tesla bull Ron Baron says Musk suggested he would make multiples on his $100 million Twitter investment
▼ + stars: | 2023-02-07 | by ( Rohan Goswami | ) www.cnbc.com time to read: +2 min

Baron has long been bullish on Tesla, telling CNBC's Becky Quick that Musk made Baron "$5 billion so far, on a $400 million investment." In 2021, the investor told CNBC that he held almost 6 million Tesla shares through his investment firm, Baron Capital. Billionaire Ron Baron said Tuesday that Tesla CEO Elon Musk suggested he would make multiples in return for his $100 million investment in Musk's take-private deal for Twitter . Baron's $100 million Twitter investment was predicated on his longtime faith in Musk as an executive and in his marketing expertise, he said. Correction: Billionaire Ron Baron said Tuesday that Tesla CEO Elon Musk suggested Baron would make multiples in return for his $100 million investment in Musk's take-private deal for Twitter.

☆ Billionaire investor and Tesla bull Ron Baron poured $100 million into Elon Musk's Twitter takeover
▼ + stars: | 2023-02-07 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +2 min

Billionaire investor Ron Baron has poured $100 million into Elon Musk's Twitter deal. The Tesla bull was promised to make "two to three times" his money, he told CNBC. Baron said the bet on Twitter was predicated by his faith in Musk's leadership abilities. "He's the best-known man in the world, I guess," Baron told CNBC. "We have made a lot of money with [Elon]," Baron told CNBC in early November, adding that Tesla holdings make up 40% of his Baron's Partners fund.

☆ Watch CNBC's full interview with billionaire investor Ron Baron
▼ + stars: | 2023-02-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with billionaire investor Ron BaronBaron Capital CEO Ron Baron joins CNBC's 'Squawk Box' to discuss what's happening in the U.S. economy and his take on inflation.

☆ Elon Musk says his last 3 months were 'extremely tough' because he had to 'save Twitter from bankruptcy'
▼ + stars: | 2023-02-06 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk said Sunday he'd had an "extremely tough" three months. He said he'd had to "save Twitter from bankruptcy" while "fulfilling essential Tesla & SpaceX duties." Musk was responding to a report in The Wall Street Journal about his workload, health, and sleep. The billionaire tweeted Sunday that he'd had to "save Twitter from bankruptcy" while "fulfilling essential Tesla & SpaceX duties," adding: "Wouldn't wish that pain on anyone." Musk completed his $44 billion acquisition of Twitter in October, having tried for months to back out of the deal.

Companies Tesla Inc FollowTwitter Inc FollowJan 23 (Reuters) - Tesla Chief Executive Elon Musk will take the witness stand again on Monday, as he defends himself against fraud claims that he lied when he tweeted in 2018 that he had funding to take the electric carmaker private. Millions of dollars are at stake as well as the reputation of Musk, whose personal stature is a central asset of the Tesla brand. The trial will test whether Musk's penchant for taking to Twitter to air his sometimes irreverent views misleads investors and damages the value of the company. Shareholders claim they lost millions after Musk tweeted that he had "funding secured" to take Tesla private. The defendants include current and former Tesla directors, whom Spiro said had "pure" motives in their response to Musk's plan.

☆ Tesla has lost almost $700 billion in market value - the equivalent of 3 Disneys, 4 Nikes, or 6 Starbucks
▼ + stars: | 2022-11-22 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Elon Musk's company has lost nearly a Berkshire Hathaway's worth of market value. Tesla's $670 billion decline is roughly equivalent to three Disneys, four Nikes, or six Starbucks. Tesla's $670 billion drop in market value isn't far off the entire worth of Warren Buffett's Berkshire Hathaway ($685 billion). Moreover, Musk's electric-vehicle company has seen more than double the market cap of Home Depot ($324 billion), or the combined market caps of Coca-Cola ($268 billion) and PepsiCo ($255 billion) wiped off its market value. It also equates to around four Nikes ($162 billion), five Netflixes ($127 billion), six Starbucks ($113 billion), seven PayPals ($92 billion), and 12 GMs or Fords ($56 billion each).

☆ Ron Baron runs the best mutual fund of the last five years — Here are his top picks
▼ + stars: | 2022-11-18 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Longtime investor Ron Baron's mutual fund has been the the biggest winner over the last five years as his top growth picks reaped outsized returns. The fund is focused on U.S. companies of any size with significant growth potential. The top holding of the fund by far is Elon Musk 's Tesla, with a 52% portfolio weighting at the end of the third quarter. Baron has been a longtime bull in Tesla . A relatively new holding Baron bought in 2019 is Iridium Communications , a long-time provider of satellite communications to specialized phones.

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