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Fed must get 'more aggressive' with rate cuts due to weakening jobs market, Canaccord's chief market strategist says

The Fed may have new incentives in the second quarter to cut rates deeper this year. from Finance https://ift.tt/oa8i1bh via IFTTT

U.S. consumer plays in China are more than coffee and iPhones. Stocks to watch

While Starbucks has warned of price competition in China and Apple tries to drum up momentum with a new store, other U.S. brands are seeing growth in the country. from Finance https://ift.tt/389TzI6 via IFTTT

Bitcoin could soar to $150,000 this year, hedge fund manager Mark Yusko predicts

Investors should have at least 1% to 3% allocated to bitcoin in their portfolios, Morgan Creek Capital Management CEO Mark Yusko says. from Finance https://ift.tt/E2eYnTc via IFTTT

Huawei's profit doubled in 2023 as smartphone, autos business picked up

Chinese telecommunications company Huawei said Friday its net profit for 2023 more than doubled thanks to better product offerings. from Finance https://ift.tt/S9Zi6RA via IFTTT

Meme stocks are back as Trump Media and Reddit surge upon their debuts

Trump Media and Reddit share a key attribute in common with the likes of GameStop. from Finance https://ift.tt/pTS6owj via IFTTT

UBS chief's surprise return to the Swiss banking giant bagged him a $15.9 million paycheck

UBS CEO Sergio Ermotti earned 14.4 million Swiss francs ($15.9 million) in 2023 after his surprise return to the helm of the Swiss banking giant. from Finance https://ift.tt/UvKMj09 via IFTTT

China's economy is on track for 'strong' March performance, survey says

China's economy is ending the first quarter on a "strong" note, according to a business survey published by the China Beige Book on Thursday. from Finance https://ift.tt/ewBxaGv via IFTTT