EV makers, Federal Reserve, China data

EV makers, Federal Reserve, China data
EV makers, Federal Reserve, China data
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An Hour Ago

CNBC Pro: Feeling FOMO about Reddit or Truth Social? Here’s another way to cash in on meme stocks

From the GameStop frenzy of 2021 to the recent surge in Reddit and Truth Social shares, many investors likely have a fear of missing out (FOMO) on these apparently lucrative opportunities.

However, for investors that cannot stomach the risks linked to meme stocks, there are less volatile ways to capitalize on the trading phenomenon, investor says., according to Hannah Gooch-Peters, Global Equity Investment Analyst at Sanlam Investments.

CNBC Pro subscribers can read more about those stocks here.

—Ganesh Rao

An Hour Ago

CNBC Pro: ‘A fantastic market’: Strategist names one under-the-radar stock to play in Japan right now

Several investors have been looking favorably at Japanese stocks in the past few months – and market strategist Matt Orton is no exception.

“Japan overall, has been a fantastic market … Japan was the top performer within the Asian equity market complex,” the chief market strategist at asset management firm Raymond James Investment Management, told CNBC’s “Squawk Box Asia” on April 1.

One lesser known name stands out to him as a good play right now.

CNBC Pro subscribers can read more here.

—Amala Balakrishner

6 Hours Ago

Fed’s Mary Daly still expects three interest rate cuts in 2024

Mary Daly, president of the Federal Reserve Bank of San Francisco, speaks during an event at the Brookings Institution in Washington, DC, on July 10, 2023.

Haiyun Jiang | Bloomberg | Getty Images

San Francisco Federal Reserve President Mary Daly said Tuesday that she still expects three interest rate cuts this year, though it is not a certainty.

“I think that is a very reasonable baseline but I would like to say here that this is projection, right?” Daly said during a panel discussion in Las Vegas. “Three rate cuts is a projection, and a projection is not a promise.”

Daly, a voter this year on the rate-setting Federal Open Market Committee, also noted that she was not swayed either way by a report Monday showing the manufacturing sector in March expanded for the first time in 16 months. Instead, she said she and her fellow policymakers are looking at a broad range of indicators.

“There is a path in my mind where interest rates start to adjust this year. We’re just not there yet,” she said.

—Jeff Cox

7 Hours Ago

Energy ETF reaches highest point in almost 10 years

See Chart…

iShares Global Energy ETF

The article is in Dutch

Tags: makers Federal Reserve China data

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