Swiss banking giant UBS to launch share buyback of up to $2 billion
UBS on Tuesday announced a new share repurchase program of up to $2 billion, with up to $1 billion of…
Xiaomi shares pop 16% after the Chinese smartphone maker launches its first EV
BEIJING — Shares of Chinese smartphone maker Xiaomi surged as much as 16% on Tuesday, the first trading day since…
Why Goldman Sachs is helping its clients launch ETFs
Investor demand for exchange-traded funds is not slowing down, and firms without ETF offerings may risk losing business, according to…
Fed must get ‘more aggressive’ with rate cuts due to weakening jobs market, Canaccord’s chief market strategist says
The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony…
Bitcoin could soar to $150,000 this year, hedge fund manager Mark Yusko predicts
Hedge fund manager Mark Yusko is predicting bitcoin will more than double this year to $150,000. “Get off zero,” the…
Huawei’s profit doubled in 2023 as smartphone, autos business picked up
BEIJING — Chinese telecommunications company Huawei said Friday its net profit for 2023 more than doubled thanks to better product…
Stocks making the biggest moves midday: RH, Reddit, Estée Lauder, AMC and more
Check out the companies making the biggest moves midday. RH — The luxury retailer surged 17.26% after offering strong full-year…
