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☆ First he was a teacher. Then he was China's top tech titan. Now, meet Jack Ma 3.0 — a high-tech farmer.
  + stars: | 2024-01-22 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +8 min
Read previewAlibaba cofounder Jack Ma was once the invincible poster boy of Chinese tech. Now, it appears Ma is debuting a refreshed version of himself, in what you just might call Jack Ma 3.0. Jack Ma 1.0: A struggling teacher who wanted in on the tech sceneIt's easy to understand why Ma is so popular in the US and China alike. His first business — China Pages — failed, but he gathered a band of 17 friends in 1999 to set up Alibaba. AdvertisementMa himself cavorted with the biggest names in business, tech, and government globally — from Bill Gates and Softbank CEO Masayoshi Son to then president-elect Donald Trump.
Persons: —, Jack Ma, Michael Jackson, Ma, Ma —, Xi Jinping's, he's, Ma Yun, He's, Brian Wong, Wong, Jack, it's, Alibaba.com, behemoth Goldman Sachs, Alibaba, Charlie Rose, cavorted, Bill Gates, Masayoshi Son, Donald Trump, Supakit Chearavanont, Ma hasn't, SCMP Organizations: Service, Business, Communist Party, Hangzhou Teachers Institute, KFC —, Economic, Big Tech, New York Stock Exchange, Financial Times, Tokyo College, Charoen, China Morning Locations: Beijing, China, Hangzhou, Davos, Switzerland, Alibaba, Asia, Spain, Netherlands, Japan, Thailand, Agriculture
☆ Wall Street pros name the biggest risk to stock markets — and how to trade it
  + stars: | 2023-03-06 | by ( Zavier Ong | ) www.cnbc.com   time to read: +3 min
Top of mind, however, is undoubtedly the path of interest rate hikes, with market pros nervously looking to the Federal Reserve's next rate decision on Mar. Anastasia Amoroso, chief investment strategist at iCapital, believes the "biggest market risk" right now is the Fed raising the terminal rate to a range of 6% to 6.5%. One obvious area fixed income, with Ma Yung-Yu, chief investment strategist at BMO Wealth Management, calling the asset class a "welcome relief and benefit to the portfolio." David Dietze, managing principal at Peapack Private Wealth Management, believes investors should "stay the course" in stocks. He noted that stock prices are "off their highs" — and the market has never failed to rebound to new highs.
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