markets

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…

Two defendants in Trump Media insider trading case signal possible guilty pleas

A Florida venture capitalist and his brother moved Monday toward potential guilty pleas in an insider trading case connected to…

Trump Media stock closes 21% lower after company reports $58 million loss for 2023

The share price of Trump Media closed trading 21.47% lower on Monday, hours after the social media app company tied…

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…