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SpaceX President Gwynne Shotwell emphasized the importance of competition in the space industry, noting that the satellite broadband market is vast and ripe for new entrants. With nearly 5 million Starlink customers and 7,000 satellites in orbit, SpaceX continues to dominate while developing the Starship rocket, which aims to replace Falcon 9 and Dragon. Shotwell expressed optimism about future growth and the potential for other companies to catch up.
Ron Baron, a veteran money manager, has defied conventional investment wisdom by focusing on a select few stocks, notably those of Elon Musk's companies. His strategy has led to remarkable success, positioning his firm among the top 10% of US mutual fund managers. The Baron Partners Fund uniquely outperformed the Nasdaq-100 index over the past 5, 10, and 15 years, according to Bloomberg Intelligence.
Traders are closely monitoring market movements following President-elect Trump's nomination of Robert F. Kennedy Jr. for HHS, raising vaccination concerns. Key biotech stocks like Moderna and Pfizer have seen declines, while the SPDR S&P Biotech ETF dropped 3%. In retail, Grocery Outlet and Warby Parker are up significantly, while Boeing's stock has fallen 15% since August amid labor disputes. Upcoming economic data is anticipated to influence market sentiment further.
Ron Baron
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spacex president emphasizes competition as starlink approaches five million customers
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SpaceX
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Ron Baron
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18:15 15.11.2024
ron baron's bold investment strategy outshines market indices with tesla success
11:00 15.11.2024
market movements and stock updates following election and health department changes
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Merck & Co., Inc.
Moderna, Inc.
AstraZeneca PLC
Pfizer Inc.
Boeing
Ron Baron
Ted Decker
Robert F. Kennedy Jr.
Cathie Wood
David Tepper
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01:13 15.11.2024
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