Veteran fund manager misses more than just Tesla
From Yahoo Finance: 2025-06-27 18:30:00
Veteran fund manager Raoul Pal’s RV Pro portfolio sees a rally in stocks like Robinhood, Coinbase, and Rocket Lab. Pal, former hedge fund manager and Real Vision CEO, predicts liquidity wave into crypto markets. Despite high investor optimism, data shows mixed results with Robinhood crypto token up 9.8% in 24 hours.
Pal anticipates Tesla breakout, but stock remains stagnant at $319.32. Institutional investors bet on crypto appreciation as capital flows in, but not all “vertical” price moves last. Rocket Lab down 1.44%, Coinbase drops 5.49%, indicating profit-taking or investor uncertainty. Tesla down over 2% from previous day.