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The Pershing Square Capital Management CEO said he did not believe the Federal Reserve could get inflation back down to its 2% target.

"We're at the beginning of one of the biggest tech booms in the history of technology," Altimeter Capital Chair and CEO Brad Gerstner said.

These are the stocks posting the largest moves in midday trading.

The billionaire investor's comments come as the U.S. debt levels surpassed $33 trillion for the first time in September.

These are the stocks posting the largest moves in premarket trading.

These are the stocks posting the largest moves in extended trading.

Michael Arougheti, who helms one of the largest private credit firms in the world, said he's not too concerned about a major default cycle.

Higher interest rates, tightening credit conditions, and elevated office vacancies are weighing down the $21 trillion commercial real estate sector.

We polled 300 CIO, equity strategists and portfolio managers about where they stood on the markets for the rest of 2023 and beyond.

These are the stocks posting the largest moves in midday trading.

Kashkari told CNBC that the neutral rate of interest, or one that is neither holding back the economy nor stimulating it, may have gone higher.

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